Plan Ledger DOL Form 5500 · updated monthly

Armed Forces Insurance Exchange401(k)

ARMED FORCES INSURANCE RETIREMENT SAVINGS PLAN · LEAVENWORTH, KS · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Armed Forces Insurance Exchange reported $4,965 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,631 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 2 years on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 155th-largest of 828 plans among Kansas employers on file, and the 1,881st of 4,798 in finance & insurance. In 2024, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,609,825
Participants with balances180
Active participants135
Employer contributions$1,030,181
Employee contributions$1,117,044
Employer contribution per active participant$7,631
Average account balance$236,721
Benefits paid to participants$4,451,993
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$42.6M · 180 accts · $1.0M emplr
2023$32.6M · 204 accts · $955K emplr
2022$31.0M · 215 accts · $992K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,965
Total administrative$4,965
The Armed Forces Insurance Exchange 401(k) match · 2024
Employer contribution per active participant$7,631
Median for plans this size$2,416
2024$7,631 per active participant
2023$6,921 per active participant
2022$7,346 per active participant

Armed Forces Insurance Exchange'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 · 20241
ASCENSUS LLC · Loan processing · Recordkeeping$4,965

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,965 · 0.01%
2023$450 · 0.00%
2022$481 · 0.00%
Same employer
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Fidelity Bank KS$57.2M · 0.32%
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Crossfirst Bankshares, Inc. KS$48.9M · 0.26%
Pollen, Inc. KS$35.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480933281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.