Plan Ledger DOL Form 5500 · updated monthly

Betty Jean Kerr Peoples Health401(k)

PEOPLE'S HEALTH CENTERS SALARY & SAVINGS PLAN · ST. LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Betty Jean Kerr Peoples Health reported $110,579 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,251 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 0.39% to 1.00%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (785th of 1,393), and the 5,215th of 11,911 in health care & social assistance. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,771,252
Participants with balances249
Active participants332
Employer contributions$415,366
Employee contributions$815,762
Employer contribution per active participant$1,251
Average account balance$47,274
Benefits paid to participants$1,333,558
Plan auditUnmodified (clean) audit opinion
AuditorCOHENREZNICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 249 accts · $415K emplr
2023$10.2M · 224 accts · $696K emplr
2022$10.5M · 191 accts · $351K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,107
Investment management$71,472
Total administrative$110,579
The Betty Jean Kerr Peoples Health 401(k) match · 2024
Employer contribution per active participant$1,251
Median for plans this size$2,416
2024$1,251 per active participant
2023$2,148 per active participant
2022$1,116 per active participant

Betty Jean Kerr Peoples Health's 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$74,843
WELLS FARGO · Recordkeeping · Trustee$35,736
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Wells Fargo
2023ADP, Wells Fargo

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Administrative cost history3
2024$110,579 · 1.00%
2023$65,060 · 0.63%
2022$43,872 · 0.39%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Biotech X-Ray Inc. MO$13.0M · 0.58%
V.N.A. Corporation MO$11.7M · 0.64%
Rhg Consolidated, LLC MO$11.2M · 1.01%
Systems, LLC MO$11.2M · 1.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431036785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.