Plan Ledger DOL Form 5500 · updated monthly

Kansas Medical Center, LLC401(k)

KANSAS MEDICAL CENTER, LLC PROFIT SHARING/401(K) PL & TR · ANDOVER, KS · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Kansas Medical Center, LLC reported $108,671 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,955 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 0.27% to 0.43%. 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 247th-largest of 828 plans among Kansas employers on file, and the 3,072nd of 11,911 in health care & social assistance. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,102,160
Participants with balances642
Active participants337
Employer contributions$658,960
Employee contributions$985,424
Employer contribution per active participant$1,955
Average account balance$40,658
Benefits paid to participants$2,704,376
Plan auditUnmodified (clean) audit opinion
AuditorREIGER, CARR & MONROE LLC CPA
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 642 accts · $659K emplr
2023$24.2M · 617 accts · $654K emplr
2022$23.8M · 579 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,893
Investment management$59,778
Total administrative$108,671
The Kansas Medical Center, LLC 401(k) match · 2024
Employer contribution per active participant$1,955
Median for plans this size$2,416
2024$1,955 per active participant
2023$2,032 per active participant

Kansas Medical Center, LLC's 2024 employer contribution ran below 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
KEATING FINANCIAL ADVISORY SERVICES · Recordkeeping$59,778
NATIONWIDE · Recordkeeping · Loan processing$46,029
KEATING & ASSOCIATES, INC. · Recordkeepingindirect 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
2024KEATING & ASSOCIATES, INC., KEATING FINANCIAL ADVISORY SERVICES, Nationwide
2023KEATING & ASSOCIATES, INC., KEATING FINANCIAL ADVISORY SERVICES, Nationwide

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

Administrative cost history3
2024$108,671 · 0.43%
2023$96,858 · 0.40%
2022$70,984 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Valley Hope Association KS$24.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201853760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.