Plan Ledger DOL Form 5500 · updated monthly

Kansas Surgery & Recovery Center401(k)

KS SURGERY & RECOVERY CENTER 401K PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Kansas Surgery & Recovery Center reported $38,263 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $1,646 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 fell from 0.27% to 0.22%. 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 308th-largest of 828 plans among Kansas employers on file, and the 3,801st of 11,911 in health care & social assistance. In 2024, employees put in $3.07 for every $1.00 the employer contributed; active participation has grown from 188 to 207 since 2022.

Plan summary
Net assets, end of year$19,180,955
Participants with balances246
Active participants207
Employer contributions$340,747
Employee contributions$1,045,335
Employer contribution per active participant$1,646
Average account balance$77,971
Benefits paid to participants$839,139
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 246 accts · $341K emplr
2023$15.6M · 229 accts · $309K emplr
2022$13.6M · 218 accts · $259K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,681
Audit (IQPA)$17,582
Total administrative$38,263
The Kansas Surgery & Recovery Center 401(k) match · 2024
Employer contribution per active participant$1,646
Median for plans this size$2,416
2024$1,646 per active participant
2023$1,578 per active participant
2022$1,377 per active participant

Kansas Surgery & Recovery Center'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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$20,681
BKD LLP · Accounting / audit$17,582

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$38,263 · 0.22%
2023$23,340 · 0.16%
2022$40,134 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Midwest Health, Inc. KS$19.8M · 0.93%
Hospice, Inc. KS$18.1M · 0.01%
Lakeview Village, Inc. KS$17.2M · 0.62%
Heartland Cardiology, LLC KS$17.2M · 0.75%
Kansas Medical Clinic, P.A. KS$16.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481148580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.