Plan Ledger DOL Form 5500 · updated monthly

Mission Road Ministries401(k)

MISSION ROAD MINISTRIES 401(K) PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Mission Road Ministries reported $21,442 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $805 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 0.55% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,972nd of 5,688), and 7,742nd of 11,911 in health care & social assistance. In 2024, employees put in $1.75 for every $1.00 the employer contributed; active participation has shrunk from 317 to 220 since 2022.

Plan summary
Net assets, end of year$5,305,586
Participants with balances284
Active participants220
Employer contributions$177,000
Employee contributions$310,131
Employer contribution per active participant$805
Average account balance$18,682
Benefits paid to participants$484,835
Plan auditUnmodified (clean) audit opinion
AuditorABIP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$5.3M · 284 accts · $177K emplr
2023$4.7M · 283 accts · $177K emplr
2022$4.0M · 315 accts · $177K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,883
Trustee / custodial$8,559
Total administrative$21,442
The Mission Road Ministries 401(k) match · 2024
Employer contribution per active participant$805
Median for plans this size$1,313
2024$805 per active participant
2023$560 per active participant
2022$558 per active participant

Mission Road Ministries's 2024 employer contribution ran below the $1,313 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
BOKF, NA · Recordkeeping · Consulting$21,442
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024BOKF, NA
2023BOK FINANCIAL ASSET MGMT, INC

This plan has changed recordkeepers within these filings. If you left Mission Road Ministries before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$21,442 · 0.43%
2023$25,827 · 0.59%
2022$26,397 · 0.55%
Similar plansHealth Care & Social Assistance · Texas
Citysquare TX$5.4M · 0.03%
Tarrant Area Food Bank TX$5.2M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742958552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.