Plan Ledger DOL Form 5500 · updated monthly

Iowa Tribe of Kansas and Nebraska401(k)

IOWA TRIBE OF KANSAS AND NEBRASKA EMPLOYEES SAVINGS TRUST · WHITE CLOUD, KS · plan year 2021

Reported admin expense ratio · 2021
0.04%

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

Iowa Tribe of Kansas and Nebraska reported $435 in plan administrative expenses for 2021: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $208 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 fell from 0.10% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 289 comparable plans and shown alongside other public administration employers. By assets it is among the smaller plans on file in Kansas (787th of 828), and 86th of 90 in public administration. In 2021, employees put in $2.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,209,005
Participants with balances61
Active participants140
Employer contributions$29,113
Employee contributions$58,131
Employer contribution per active participant$208
Average account balance$19,820
Benefits paid to participants$110,080
Plan auditUnmodified (clean) audit opinion
AuditorVARNEY & ASSOCIATES, CPAS, LLC
Plan history4
Yearassets · accounts · employer contribution
2022$836K · 62 accts · $25K emplr
2021$1.2M · 61 accts · $29K emplr
2020$1.1M · 49 accts · $32K emplr
2019$966K · 63 accts · $35K emplr
Administrative expenses, itemized · 2021
Recordkeeping & contract admin$435
Total administrative$435
The Iowa Tribe of Kansas and Nebraska 401(k) match · 2021
Employer contribution per active participant$208
Median for plans this size$994
2022$182 per active participant
2021$208 per active participant
2020$653 per active participant
2019$257 per active participant

Iowa Tribe of Kansas and Nebraska's 2021 employer contribution ran below the $994 median for plans its size, in the bottom 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 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2022$505 · 0.05%
2021$435 · 0.04%
2020$660 · 0.06%
2019$900 · 0.10%
Similar plansPublic Administration · Kansas
Gems Americas, Inc. IL$2.3M · 1.42%
Sauk Business Enterprises OK$1.3M · 1.16%
Catawba Indian Nation SC$1.3M · 1.88%
Jvs Socal CA$1.1M · 1.32%
National Ability Center UT$841K · 0.66%
Bishop Paiute Tribe CA$824K · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480799251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.