Plan Ledger DOL Form 5500 · updated monthly

Exchange Bank & Trust401(k)

EXCHANGE BANK & TRUST PROFIT SHARING PLAN · ATCHISON, KS · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Exchange Bank & Trust reported $53,685 in plan administrative expenses for 2022: 0.32% of average plan assets, above the peer median. Employer contributions averaged $5,034 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other finance & insurance employers. By assets it is the 382nd-largest of 828 plans among Kansas employers on file, and 3,506th of 4,798 in finance & insurance. In 2022, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,950,613
Participants with balances93
Active participants87
Employer contributions$437,920
Employee contributions$386,907
Employer contribution per active participant$5,034
Average account balance$160,759
Benefits paid to participants$1,583,097
Plan auditUnmodified (clean) audit opinion
AuditorMAYER HOFFMAN MCCNN PC
The Exchange Bank & Trust 401(k) match · 2022
Employer contribution per active participant$5,034
Median for plans this size$2,266

Exchange Bank & Trust's 2022 employer contribution ran above the $2,266 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$53,685 · 0.32%
Similar plansFinance & Insurance · Kansas
Bcinsourcing, LLC KS$16.2M · 0.18%
Community Bancshares, Inc. KS$15.1M · 0.18%
One True Holding Company KS$15.1M · 0.19%
Azura Credit Union KS$14.1M · 0.06%
Med James, Inc. KS$11.8M · 0.39%
Bank of Labor KS$11.6M · 0.15%
First State Bank and Trust KS$11.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480212120 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.