Plan Ledger DOL Form 5500 · updated monthly

Mariner Wealth Advisors, LLC401(k)

MARINER WEALTH ADVISORS, LLC 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Mariner Wealth Advisors, LLC reported $203,286 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $3,767 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 0.14% to 0.09%. 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 25th-largest of 828 plans among Kansas employers on file, and the 467th of 4,798 in finance & insurance. In 2024, employees put in $3.66 for every $1.00 the employer contributed; active participation has grown from 1,526 to 1,870 since 2022.

Plan summary
Net assets, end of year$278,290,871
Participants with balances1,911
Active participants1,870
Employer contributions$7,044,705
Employee contributions$25,773,571
Employer contribution per active participant$3,767
Average account balance$145,626
Benefits paid to participants$13,164,381
Plan auditUnmodified (clean) audit opinion
AuditorMARKSNELSON, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$278.3M · 1,911 accts · $7.0M emplr
2023$186.9M · 1,714 accts · $5.8M emplr
2022$128.4M · 1,477 accts · $4.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$159,338
Investment management$43,948
Total administrative$203,286
The Mariner Wealth Advisors, LLC 401(k) match · 2024
Employer contribution per active participant$3,767
Median for plans this size$3,635
2024$3,767 per active participant
2023$3,410 per active participant
2022$3,172 per active participant

Mariner Wealth Advisors, LLC'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.

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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$186,489
MARINER LLC · Investment advisory (participants)$10,579
CHARLES SCHWAB & CO., INC. · Securities brokerage$3,054

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$203,286 · 0.09%
2023$196,850 · 0.12%
2022$173,222 · 0.14%
Same employer
Similar plansFinance & Insurance · Kansas
Security Benefit Corporation KS$389.2M · 0.01%
Creative Planning LLC KS$371.2M · 0.08%
Ima Financial Group, Inc. KS$317.2M · 0.21%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262766689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.