Plan Ledger DOL Form 5500 · updated monthly

Leaderone Financial Corp.401(k)

LEADERONE FINANCIAL CORP. 401(K) PROFIT SHARING PLAN · OVERLAND PARK, KS · plan year 2024

Employer contribution per participant · 2024
$888

Leaderone Financial Corp.'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 $29,877,845 across 447 participant accounts, with employer contributions averaging $888 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.08% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 217th-largest of 828 plans among Kansas employers on file, and 2,426th of 4,798 in finance & insurance. In 2024, employees put in $4.45 for every $1.00 the employer contributed; active participation has grown from 512 to 594 since 2022.

Plan summary
Net assets, end of year$29,877,845
Participants with balances447
Active participants594
Employer contributions$527,702
Employee contributions$2,350,559
Employer contribution per active participant$888
Average account balance$66,841
Benefits paid to participants$5,180,127
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.9M · 447 accts · $528K emplr
2023$27.6M · 577 accts · $162K emplr
2022$23.9M · 481 accts · $745K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$10,400
Total administrative-$16,036
The Leaderone Financial Corp. 401(k) match · 2024
Employer contribution per active participant$888
Median for plans this size$2,416
2024$888 per active participant
2023$309 per active participant
2022$1,456 per active participant

Leaderone Financial Corp.'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.

Service providers · 20243
RICHEY MAY & CO · Accounting / audit$10,400
SIGMA FINANCIAL CORPindirect comp
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$12,859 · 0.05%
2022$20,106 · 0.08%
Similar plansFinance & Insurance · Kansas
Ks Statebank KS$31.3M · 0.54%
Credit Union of America KS$27.9M · 0.30%
Security Bancshares Inc KS$24.6M · 0.00%
Landmark Bancorp, Inc. KS$22.7M · 0.29%
Mazuma Credit Union KS$22.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481148159 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.