Plan Ledger DOL Form 5500 · updated monthly

Fidelity Bank401(k)

FIDELITY COMPANIES EMPLOYEE RETIREMENT PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Fidelity Bank reported $169,046 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,248 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 0.38% to 0.32%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 121st-largest of 828 plans among Kansas employers on file, and the 1,519th of 4,798 in finance & insurance. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has shrunk from 501 to 437 since 2022.

Plan summary
Net assets, end of year$57,151,765
Participants with balances576
Active participants437
Employer contributions$1,856,537
Employee contributions$2,798,644
Employer contribution per active participant$4,248
Average account balance$99,222
Benefits paid to participants$4,084,175
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS, AND HOULIK, LC
Plan history3
Yearassets · accounts · employer contribution
2024$57.2M · 576 accts · $1.9M emplr
2023$50.0M · 597 accts · $1.9M emplr
2022$42.6M · 613 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,974
Audit (IQPA)$103,072
Total administrative$169,046
The Fidelity Bank 401(k) match · 2024
Employer contribution per active participant$4,248
Median for plans this size$3,635
2024$4,248 per active participant
2023$4,138 per active participant
2022$3,870 per active participant

Fidelity Bank's 2024 employer contribution ran above the $3,635 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
JOHN HANCOCK · Recordkeeping · Loan processing$65,975
RESOURCES INVESTMENT ADVISORS · Investment advisory (plan) · Investment management$79,791
FORVIS MAZARS · Accounting / audit$23,231

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$169,046 · 0.32%
2023$149,856 · 0.32%
2022$178,580 · 0.38%
Same employer
Similar plansFinance & Insurance · Kansas
Advisors Excel, LLC KS$73.8M · 0.30%
Curo Management LLC KS$62.5M · 0.80%
Emprise Bank KS$49.9M · 0.03%
Crossfirst Bankshares, Inc. KS$48.9M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480630879 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.