Plan Ledger DOL Form 5500 · updated monthly

Bison State Bank401(k)

BISON STATE BANK 401(K) PLAN · KANSAS CITY, MO · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Bison State Bank reported $10,270 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $9,930 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Missouri (1,195th of 1,393), and 4,600th of 4,798 in finance & insurance. In 2022, the employer put in $2.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,848,543
Participants with balances100
Active participants36
Employer contributions$357,487
Employee contributions$171,565
Employer contribution per active participant$9,930
Average account balance$28,485
Benefits paid to participants$757,736
Plan auditUnmodified (clean) audit opinion
AuditorDARIN R. CRULL CPA, LLC
Administrative expenses, itemized · 2022
Professional / advisory$10,270
Total administrative$10,270
The Bison State Bank 401(k) match · 2022
Employer contribution per active participant$9,930
Median for plans this size$1,114

Bison State Bank's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$10,270 · 0.32%
Similar plansFinance & Insurance · Missouri
Paramount Bank MO$7.2M · 0.67%
Nrrm, LLC MO$4.6M · 1.67%
Epl II, LLC MO$3.0M · 1.23%
Unico Bank MO$2.5M · 0.06%
Guaranty Bank MO$1.0M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480140950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.