Plan Ledger DOL Form 5500 · updated monthly

Cleveland University - Kansas City401(k)

CLEVELAND UNIVERSITY - KANSAS CITY EMPLOYEES RETIREMENT PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Cleveland University - Kansas City reported $69,078 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,136 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 3 years on file its reported administrative ratio has held roughly steady near 0.94%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Kansas (561st of 828), and 2,261st of 3,091 in educational services. In 2024, employees put in $2.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,961,508
Participants with balances192
Active participants123
Employer contributions$262,739
Employee contributions$579,424
Employer contribution per active participant$2,136
Average account balance$41,466
Benefits paid to participants$342,162
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 192 accts · $263K emplr
2023$6.8M · 190 accts · $264K emplr
2022$6.3M · 186 accts · $255K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,426
Investment management$24,652
Total administrative$69,078
The Cleveland University - Kansas City 401(k) match · 2024
Employer contribution per active participant$2,136
Median for plans this size$1,313
2024$2,136 per active participant
2023$2,112 per active participant
2022$2,036 per active participant

Cleveland University - Kansas City's 2024 employer contribution ran above the $1,313 median for plans its size. 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
ONEDIGITAL INVESTMENT ADVISORS LLC · Contract administrator · Investment advisory (plan)$24,652
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$4,857

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$69,078 · 0.94%
2023$62,230 · 0.95%
2022$65,781 · 0.92%
Same employer
Similar plansEducational Services · Kansas
Wichita Collegiate School KS$21.5M · 0.39%
Sterling College KS$13.3M · 0.26%
Rainbows United, Inc. KS$10.7M · 0.43%
Trinity Academy KS$4.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 446000294 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.