Plan Ledger DOL Form 5500 · updated monthly

John Knox Village403(b)

JOHN KNOX VILLAGE RETIREMENT PLAN · LEE S SUMMIT, MO · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

John Knox Village reported $165,665 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $707 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 rose from 0.46% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 416th-largest of 1,393 plans among Missouri employers on file, and the 2,564th of 11,911 in health care & social assistance. In 2024, employees put in $3.61 for every $1.00 the employer contributed; active participation has shrunk from 990 to 827 since 2022.

Plan summary
Net assets, end of year$33,292,547
Participants with balances867
Active participants827
Employer contributions$584,843
Employee contributions$2,109,457
Employer contribution per active participant$707
Average account balance$38,400
Benefits paid to participants$2,936,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.3M · 867 accts · $585K emplr
2023$30.1M · 850 accts · $573K emplr
2022$27.5M · 820 accts · $519K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,031
Investment management$77,634
Total administrative$165,665
The John Knox Village 401(k) match · 2024
Employer contribution per active participant$707
Median for plans this size$2,416
2024$707 per active participant
2023$682 per active participant
2022$524 per active participant

John Knox Village's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
CBIZ INVESTMENT ADVISORY SERVICES · Investment advisory (plan)$75,000
EMPOWER ADVISORY GROUP, LLC · Investment management$2,634

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

Administrative cost history3
2024$165,665 · 0.52%
2023$133,888 · 0.46%
2022$136,257 · 0.46%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 237365138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.