Plan Ledger DOL Form 5500 · updated monthly

Kansas City Art Institute403(b)

KANSAS CITY ART INSTITUTE DEFINED CONTRIBUTION PLAN AND TAX DEFERRED ANNUITY PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Kansas City Art Institute reported $55,961 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,021 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 0.17% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other educational services employers. By assets it is the 428th-largest of 1,393 plans among Missouri employers on file, and the 1,239th of 3,091 in educational services. In 2024, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,107,330
Participants with balances311
Active participants122
Employer contributions$368,622
Employee contributions$610,383
Employer contribution per active participant$3,021
Average account balance$103,239
Benefits paid to participants$1,140,452
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.1M · 311 accts · $369K emplr
2023$28.6M · 307 accts · $347K emplr
2022$26.6M · 312 accts · $364K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,961
Investment management$30,000
Total administrative$55,961
Employer contributions to the Kansas City Art Institute plan · 2024
Employer contribution per active participant$3,021
Median for plans this size$2,416
2024$3,021 per active participant
2023$2,822 per active participant
2022$2,960 per active participant

Kansas City Art Institute'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 · 20242
TIAA-TEACHERS INS AND ANNUITY ASSOC · Recordkeeping$25,961
LEGACY FINANCIAL STRATEGIES, LLC · Investment advisory (plan)$30,000

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$55,961 · 0.18%
2023$50,620 · 0.18%
2022$49,249 · 0.17%
Same employer
Similar plansEducational Services · Missouri
William Jewell College MO$53.6M · 0.18%
Fontbonne University MO$40.8M · 0.13%
Avila University MO$34.5M · 0.20%
Westminster College MO$31.5M · 0.18%
Logan University MO$29.8M · 0.02%
Culver Stockton College MO$29.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440546278 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.