Plan Ledger DOL Form 5500 · updated monthly

Midwest Air Traffic Control Service, Inc.401(k)

MIDWEST ATC SERVICE 401(K) & PENSION PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Midwest Air Traffic Control Service, Inc. reported $190,649 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,458 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 0.10% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 126th-largest of 828 plans among Kansas employers on file, and the 357th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.70 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$55,604,774
Participants with balances754
Active participants521
Employer contributions$3,364,705
Employee contributions$1,981,930
Employer contribution per active participant$6,458
Average account balance$73,746
Benefits paid to participants$9,476,457
Plan auditUnmodified (clean) audit opinion
AuditorHOOD & ASSPCOATES CPA'S
Plan history3
Yearassets · accounts · employer contribution
2024$55.6M · 754 accts · $3.4M emplr
2023$54.2M · 1,079 accts · $3.5M emplr
2022$49.8M · 1,056 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,649
Total administrative$190,649
The Midwest Air Traffic Control Service, Inc. 401(k) match · 2024
Employer contribution per active participant$6,458
Median for plans this size$3,635
2024$6,458 per active participant
2023$6,380 per active participant
2022$5,989 per active participant

Midwest Air Traffic Control Service, Inc.'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 · 20242
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$166,350
MIDWEST ATC SERVICE INC · Contract administrator$24,299

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$190,649 · 0.35%
2023$206,722 · 0.40%
2022$58,716 · 0.10%
Same employer
Similar plansTransportation & Warehousing · Kansas
Watco Companies, L.L.C. KS$187.8M · 0.23%
Tallgrass Management LLC KS$187.0M · 0.10%
Shamrock Trading Corporation KS$122.1M · 0.09%
Accosys, Inc. KS$78.7M · 0.14%
Selex Es Inc. KS$18.8M · 0.37%
Miq Logistics, LLC KS$18.0M · 0.25%
Jacobson Holdings, Inc. KS$15.1M · 0.86%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 480872931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.