Plan Ledger DOL Form 5500 · updated monthly

Crossfirst Bankshares, Inc.401(k)

CROSSFIRST BANKSHARES, INC. 401(K) PLAN · LEAWOOD, KS · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Crossfirst Bankshares, Inc. reported $118,681 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $6,374 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 0.261%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 138th-largest of 828 plans among Kansas employers on file, and the 1,700th of 4,798 in finance & insurance. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$48,898,691
Participants with balances560
Active participants450
Employer contributions$2,868,142
Employee contributions$5,038,286
Employer contribution per active participant$6,374
Average account balance$87,319
Benefits paid to participants$7,927,015
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $639K emplr
2024$48.9M · 560 accts · $2.9M emplr
2023$42.2M · 567 accts · $2.7M emplr
2022$30.9M · 522 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,739
Investment management$53,942
Total administrative$118,681
The Crossfirst Bankshares, Inc. 401(k) match · 2024
Employer contribution per active participant$6,374
Median for plans this size$2,416
2024$6,374 per active participant
2023$5,812 per active participant
2022$4,448 per active participant

Crossfirst Bankshares, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$64,739
MARINER LLC · Investment management$53,167
CHARLES SCHWAB & CO., INC. · Securities brokerage$34

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

Recordkeeper by year3
2025Charles Schwab
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025Not separately reported
2024$118,681 · 0.26%
2023$96,728 · 0.26%
2022$82,717 · 0.26%
Same employer
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Fidelity Bank KS$57.2M · 0.32%
Emprise Bank KS$49.9M · 0.03%
Pollen, Inc. KS$35.7M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263212879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.