Plan Ledger DOL Form 5500 · updated monthly

Great Plains Ventures, Inc.401(k)

GPV 401(K) RETIREMENT PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Great Plains Ventures, Inc. reported $129,568 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $2,664 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 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 196th-largest of 828 plans among Kansas employers on file, and the 4,168th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 381 to 334 since 2022.

Plan summary
Net assets, end of year$33,327,487
Participants with balances427
Active participants334
Employer contributions$889,825
Employee contributions$1,841,250
Employer contribution per active participant$2,664
Average account balance$78,050
Benefits paid to participants$1,998,088
Plan auditUnmodified (clean) audit opinion
AuditorALLEN, GIBBS, & HOULIK. L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$33.3M · 427 accts · $890K emplr
2023$31.3M · 447 accts · $878K emplr
2022$25.5M · 473 accts · $768K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,032
Investment management$81,536
Total administrative$129,568
The Great Plains Ventures, Inc. 401(k) match · 2024
Employer contribution per active participant$2,664
Median for plans this size$2,416
2024$2,664 per active participant
2023$2,473 per active participant
2022$2,016 per active participant

Great Plains Ventures, Inc.'s 2024 employer contribution ran above the $2,416 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
WEALTH ALLIANCE ADVISORY GROUP, LLC · Recordkeeping · Trustee$81,536
ADP, INC. · Loan processing · Recordkeeping$48,031
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, WEALTH ALLIANCE ADVISORY GROUP, LLC
2023ADP, WEALTH ALLIANCE ADVISORY GROUP, LLC

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Administrative cost history3
2024$129,568 · 0.40%
2023$115,558 · 0.41%
2022$103,981 · 0.39%
Same employer
Similar plansManufacturing · Kansas
Lawrence Paper Company KS$37.6M · 0.19%
Metal-Fab, Inc. KS$37.3M · 0.20%
Preco, LLC KS$37.1M · 0.28%
Excel Industries, Inc. KS$35.5M · 0.35%
Atlas Aerospace, LLC KS$32.7M · 0.36%
Envision Inc. KS$32.6M · 0.53%
Hopkins Manufacturing KS$32.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480880416 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.