Plan Ledger DOL Form 5500 · updated monthly

Boone Center, Inc.403(b)

BCI 403(B) RETIREMENT SAVINGS PLAN · ST PETERS, MO · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Boone Center, Inc. reported $5,828 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $254 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 fell from 0.19% to 0.15%. 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 Missouri (1,142nd of 1,393), and 8,615th of 11,911 in health care & social assistance. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 378 to 507 since 2022.

Plan summary
Net assets, end of year$3,914,032
Participants with balances108
Active participants507
Employer contributions$128,651
Employee contributions$235,945
Employer contribution per active participant$254
Average account balance$36,241
Benefits paid to participants$564,192
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 108 accts · $129K emplr
2023$3.7M · 100 accts · $122K emplr
2022$2.8M · 109 accts · $123K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,828
Total administrative$5,828
Employer contributions to the Boone Center, Inc. plan · 2024
Employer contribution per active participant$254
Median for plans this size$1,313
2024$254 per active participant
2023$240 per active participant
2022$326 per active participant

Boone Center, Inc.'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 · 20245
NATIONWIDE · Recordkeeping · Investment managementindirect comp
DEFINITI LLC · Recordkeeping · Consultingindirect comp
CUTTER & COMPANY, INC. · Securities brokerageindirect comp
HANLON INVESTMENT MANAGEMENT, INC. · Investment managementindirect comp
LINCOLN NATIONAL CORPORATION · Contract administratorindirect comp

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

Administrative cost history3
2024$5,828 · 0.15%
2023$4,645 · 0.14%
2022$4,981 · 0.19%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Semo Health Network, Inc. MO$4.0M · 0.30%
Creative World School Inc MO$3.9M · 0.72%
Willow Health Care, Inc. MO$3.8M · 1.28%
Foster Development, Inc MO$3.7M · 1.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430764144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.