Plan Ledger DOL Form 5500 · updated monthly

Mid-Kansas Cooperative Association401(k)

UBG 401(K) - MKC · MOUNDRIDGE, KS · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Mid-Kansas Cooperative Association reported $23,238 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.153%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 360th-largest of 828 plans among Kansas employers on file, and the 310th of 945 in agriculture, forestry & fishing.

Plan summary
Net assets, end of year$15,988,318
Participants with balances336
Active participants460
Employer contributions$0
Employee contributions$991,048
Employer contribution per active participant$0
Average account balance$47,584
Benefits paid to participants$1,475,600
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.0M · 336 accts
2023$14.3M · 359 accts · $11K emplr
2022$13.0M · 391 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,238
Investment management$5,000
Total administrative$23,238
The Mid-Kansas Cooperative Association 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Mid-Kansas Cooperative Association'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 · 20243
UNITED BENEFITS GROUP · Contract administrator$14,731
INTELLICENTS INVESTMENT SOLUTIONS · Investment advisory (plan)$5,000

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$23,238 · 0.15%
2023$23,443 · 0.17%
2022$20,951 · 0.15%
Similar plansAgriculture, Forestry & Fishing · Kansas
Servi-Tech, Inc. KS$33.2M · 0.32%
Garden City Co-Op, Inc. KS$11.1M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480695087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.