Plan Ledger DOL Form 5500 · updated monthly

Aib International, Inc.401(k)

AIB INTERNATIONAL, INC. 401(K) PLAN · MANHATTAN, KS · plan year 2024

Reported admin expense ratio · 2024
0.43%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Aib International, Inc. reported $99,011 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $6,388 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 262nd-largest of 828 plans among Kansas employers on file, and the 4,946th of 11,654 in professional & technical services. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$23,705,572
Participants with balances183
Active participants137
Employer contributions$875,139
Employee contributions$800,296
Employer contribution per active participant$6,388
Average account balance$129,539
Benefits paid to participants$2,198,308
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.7M · 183 accts · $875K emplr
2023$22.1M · 193 accts · $913K emplr
2022$18.7M · 188 accts · $766K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,038
Investment management$64,973
Total administrative$99,011
The Aib International, Inc. 401(k) match · 2024
Employer contribution per active participant$6,388
Median for plans this size$2,416
2024$6,388 per active participant
2023$6,667 per active participant
2022$5,548 per active participant

Aib International, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CREATIVE PLANNING LLC · Investment advisory (plan)$51,142
EMPOWER ADVISORY GROUP, LLC · Investment management$13,831

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$99,011 · 0.43%
2023$86,924 · 0.43%
2022$95,306 · 0.45%
Similar plansProfessional & Technical Services · Kansas
Mmgy Global, LLC KS$28.5M · 0.36%
Firemon, LLC. KS$26.4M · 0.42%
Marksnelson Advisory, LLC KS$24.1M · 0.20%
Signal Theory, Inc. KS$23.0M · 0.14%
Wallace Saunders, Chartered KS$20.9M · 0.35%
Pivot Intermediary, Inc. KS$19.9M · 0.02%
Marksnelson LLC KS$19.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481192044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.