Plan Ledger DOL Form 5500 · updated monthly

Kansas City Life Insurance Company401(k)

KANSAS CITY LIFE INS. COMPANY SAVINGS AND PROFIT SHARING PLAN · KANSAS CITY, MO · plan year 2024

Employer contribution per participant · 2024
$5,193

Kansas City Life Insurance Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $119,821,583 across 525 participant accounts, with employer contributions averaging $5,193 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. 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 162nd-largest of 1,393 plans among Missouri employers on file, and the 870th of 4,798 in finance & insurance. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$119,821,583
Participants with balances525
Active participants431
Employer contributions$2,238,288
Employee contributions$3,674,335
Employer contribution per active participant$5,193
Average account balance$228,232
Benefits paid to participants$13,061,060
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$119.8M · 525 accts · $2.2M emplr
2023$112.4M · 526 accts · $3.7M emplr
2022$105.9M · 541 accts · $2.2M emplr
The Kansas City Life Insurance Company 401(k) match · 2024
Employer contribution per active participant$5,193
Median for plans this size$3,635
2024$5,193 per active participant
2023$8,530 per active participant
2022$4,902 per active participant

Kansas City Life Insurance Company'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.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$144,252

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

Administrative cost history3
2024Not separately reported
2023$19,291 · 0.02%
2022$7,760 · 0.01%
Same employer
Similar plansFinance & Insurance · Missouri
Moneta Group LLC MO$144.0M · 0.06%
Eps Nass Parent, Inc. MO$76.3M · 0.23%
Country Club Bank MO$76.2M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440308260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.