Plan Ledger DOL Form 5500 · updated monthly

Kvc Health Systems, Inc.403(b)

KVC 403(B) RETIREMENT PLAN · OLATHE, KS · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Kvc Health Systems, Inc. reported $73,089 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $960 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 0.34% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 213th-largest of 828 plans among Kansas employers on file, and the 4,130th of 11,654 in professional & technical services. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 1,519 to 2,632 since 2022.

Plan summary
Net assets, end of year$30,393,899
Participants with balances2,670
Active participants2,632
Employer contributions$2,526,559
Employee contributions$4,600,722
Employer contribution per active participant$960
Average account balance$11,383
Benefits paid to participants$3,866,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.4M · 2,670 accts · $2.5M emplr
2023$23.2M · 2,467 accts · $2.0M emplr
2022$12.1M · 1,611 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,089
Total administrative$73,089
Employer contributions to the Kvc Health Systems, Inc. plan · 2024
Employer contribution per active participant$960
Median for plans this size$2,416
2024$960 per active participant
2023$844 per active participant
2022$881 per active participant

Kvc Health Systems, Inc.'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$73,088

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$73,089 · 0.27%
2023$48,531 · 0.27%
2022$39,272 · 0.34%
Similar plansProfessional & Technical Services · Kansas
Mize Cpas, Inc. KS$36.4M · 0.41%
Allen, Gibbs & Houlik, L.C. KS$35.5M · 0.02%
Treanorhl, Inc. KS$35.4M · 0.02%
Mmgy Global, LLC KS$28.5M · 0.36%
Firemon, LLC. KS$26.4M · 0.42%
Marksnelson Advisory, LLC KS$24.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262516589 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.