Plan Ledger DOL Form 5500 · updated monthly

Midland Professional Service, Inc401(k)

MIDLAND PROFESSIONAL SERVICES, INC. 401(K) PLAN · LAWRENCE, KS · plan year 2022

Reported admin expense ratio · 2022
0.10%

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

Midland Professional Service, Inc reported $4,877 in plan administrative expenses for 2022: 0.10% of average plan assets, lower than ~75% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Kansas (677th of 828), and 10,076th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,259,238
Participants with balances96
Active participants81
Employer contributions$0
Employee contributions$170,914
Employer contribution per active participant$0
Average account balance$44,367
Benefits paid to participants$239,799
Plan auditUnmodified (clean) audit opinion
AuditorBT&CO, P.A.
Administrative expenses, itemized · 2022
Investment management$131
Total administrative$4,877
The Midland Professional Service, Inc 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Midland Professional Service, Inc's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,877 · 0.10%
Similar plansProfessional & Technical Services · Kansas
Propio Ls, LLC KS$6.1M · 0.65%
Veracity Consulting, Inc. KS$4.4M · 0.92%
Rd Henry & Company Inc KS$4.3M · 0.38%
Crown Linen Service, Inc. KS$3.7M · 0.62%
Digital Ally, Inc. KS$3.6M · 0.80%
Saicon Consultants, Inc. KS$3.1M · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 481127189 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.