Plan Ledger DOL Form 5500 · updated monthly

Med James, Inc.401(k)

MED JAMES, INC. RETIREMENT SAVINGS PROFIT SHARING PLAN · SHAWNEE MISSION, KS · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Med James, Inc. reported $43,989 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $2,294 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 0.42% to 0.39%. 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 among the smaller plans on file in Kansas (442nd of 828), and 3,806th of 4,798 in finance & insurance. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,812,643
Participants with balances164
Active participants128
Employer contributions$293,672
Employee contributions$622,274
Employer contribution per active participant$2,294
Average account balance$72,028
Benefits paid to participants$1,146,419
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 164 accts · $294K emplr
2023$10.8M · 163 accts · $323K emplr
2022$10.2M · 172 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,454
Investment management$20,535
Total administrative$43,989
The Med James, Inc. 401(k) match · 2024
Employer contribution per active participant$2,294
Median for plans this size$2,416
2024$2,294 per active participant
2023$2,761 per active participant
2022$2,788 per active participant

Med James, Inc.'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,454
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$20,535

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$43,989 · 0.39%
2023$41,268 · 0.39%
2022$49,918 · 0.42%
Same employer
Similar plansFinance & Insurance · Kansas
Community Bancshares, Inc. KS$15.1M · 0.18%
One True Holding Company KS$15.1M · 0.19%
Exchange Bank & Trust KS$15.0M · 0.32%
Azura Credit Union KS$14.1M · 0.06%
Bank of Labor KS$11.6M · 0.15%
First State Bank and Trust KS$11.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431067127 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.