Plan Ledger DOL Form 5500 · updated monthly

Concorde Career Colleges, Inc.401(k)

CONCORDE CAREER COLLEGES, INC. 401(K) RETIREMENT SAVINGS PLAN · MISSION, KS · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Concorde Career Colleges, Inc. reported $62,268 in plan administrative expenses for 2022: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,300 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 1 year on file its reported administrative ratio rose from 0.15% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other educational services employers. By assets it is the 171st-largest of 828 plans among Kansas employers on file, and the 1,112th of 3,091 in educational services. In 2022, employees put in $3.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$37,539,885
Participants with balances1,577
Active participants1,199
Employer contributions$1,559,272
Employee contributions$5,165,072
Employer contribution per active participant$1,300
Average account balance$23,805
Benefits paid to participants$7,248,855
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS
Plan history2
Yearassets · accounts · employer contribution
2023$98K · 7 accts
2022$37.5M · 1,577 accts · $1.6M emplr
The Concorde Career Colleges, Inc. 401(k) match · 2022
Employer contribution per active participant$1,300
Median for plans this size$2,266

Concorde Career Colleges, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$37,099 · 0.20%
2022$62,268 · 0.15%
Same employer
Similar plansEducational Services · Kansas
Ottawa University KS$41.3M · 0.19%
Friends University KS$36.9M · 0.27%
Baker University KS$34.9M · 0.20%
Bethel College KS$28.6M · 0.14%
Southwestern College KS$27.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431440321 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.