Plan Ledger DOL Form 5500 · updated monthly

Bethany Home Association401(k)

BETHANY HOME ASSOCIATION EMPLOYEE RETIREMENT PLAN · LINDSBORG, KS · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Bethany Home Association reported $3,385 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $386 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 0.12% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (756th of 828), and 10,034th of 11,911 in health care & social assistance. In 2024, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,022,165
Participants with balances94
Active participants180
Employer contributions$69,472
Employee contributions$149,777
Employer contribution per active participant$386
Average account balance$21,512
Benefits paid to participants$271,923
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 94 accts · $69K emplr
2023$1.9M · 90 accts · $62K emplr
2022$1.6M · 100 accts · $63K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,385
Total administrative$3,385
The Bethany Home Association 401(k) match · 2024
Employer contribution per active participant$386
Median for plans this size$1,313
2024$386 per active participant
2023$361 per active participant
2022$322 per active participant

Bethany Home Association's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
STANCORP FINANCIAL GROUP · Contract administrator · Recordkeeping$22,289

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$3,385 · 0.17%
2023$4,656 · 0.27%
2022$1,955 · 0.12%
Similar plansHealth Care & Social Assistance · Kansas
Wesley Towers, Inc. KS$2.0M · 0.66%
Kmh KS$1.6M · 0.48%
Wichita Children's Home KS$1.6M · 0.58%
Omega Senior Living, LLC. KS$1.6M · 1.65%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 480547716 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.