Plan Ledger DOL Form 5500 · updated monthly

Mid America Physician Services, LLC401(k)

MID AMERICA PHYSICIAN SERVICES, LLC 401(K) PLAN · SHAWNEE MISSION, KS · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Mid America Physician Services, LLC reported $122,187 in plan administrative expenses for 2024: 0.36% of average plan assets, above the peer median. Employer contributions averaged $7,217 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 rose from 0.34% to 0.36%. 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 178th-largest of 828 plans among Kansas employers on file, and the 2,397th of 11,911 in health care & social assistance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,441,211
Participants with balances252
Active participants192
Employer contributions$1,385,569
Employee contributions$1,127,128
Employer contribution per active participant$7,217
Average account balance$144,608
Benefits paid to participants$1,748,187
Plan auditUnmodified (clean) audit opinion
AuditorMARKS NELSON
Plan history3
Yearassets · accounts · employer contribution
2024$36.4M · 252 accts · $1.4M emplr
2023$31.6M · 243 accts · $1.5M emplr
2022$29.7M · 228 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,245
Investment management$74,046
Total administrative$122,187
The Mid America Physician Services, LLC 401(k) match · 2024
Employer contribution per active participant$7,217
Median for plans this size$2,416
2024$7,217 per active participant
2023$7,967 per active participant
2022$8,073 per active participant

Mid America Physician Services, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$48,388
EDWARD D. JONES & CO., L.P. · Investment advisory (participants)$67,315
WILSHIRE ASSOCIATES INC. USA · Investment advisory (participants)$6,731

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$122,187 · 0.36%
2023$103,919 · 0.34%
2022$107,802 · 0.34%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Mowery Clinic, L L C KS$44.0M · 0.15%
Mawd Pathology Group, P.A. KS$38.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462602656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.