Bank of Labor401(k)
BANK OF LABOR RETIREMENT PLAN · LENEXA, KS · plan year 2024
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Bank of Labor reported $16,439 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $5,028 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.
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 among the smaller plans on file in Kansas (445th of 828), and 3,822nd of 4,798 in finance & insurance. In 2024, employees put in $1.26 for every $1.00 the employer contributed.
Bank of Labor'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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 480150325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.