Plan Ledger DOL Form 5500 · updated monthly

Missouri Lions Eye Research Foundation401(k)

MISSOURI LIONS EYE RESEARCH FOUNDATION RETIREMENT PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Missouri Lions Eye Research Foundation reported $40,885 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,092 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 1.31% to 1.00%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Missouri (1,113th of 1,393), and 10,005th of 11,654 in professional & technical services. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has grown from 112 to 125 since 2022.

Plan summary
Net assets, end of year$4,446,606
Participants with balances163
Active participants125
Employer contributions$261,495
Employee contributions$297,814
Employer contribution per active participant$2,092
Average account balance$27,280
Benefits paid to participants$287,452
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 163 accts · $261K emplr
2023$3.7M · 138 accts · $38K emplr
2022$2.9M · 130 accts · $23K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,885
Total administrative$40,885
The Missouri Lions Eye Research Foundation 401(k) match · 2024
Employer contribution per active participant$2,092
Median for plans this size$1,313
2024$2,092 per active participant
2023$314 per active participant
2022$201 per active participant

Missouri Lions Eye Research Foundation's 2024 employer contribution ran above 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 · 20243
LINCOLN NATIONAL CORPORATION$39,729
HERITAGE ASSET MANAGEMENT, LLC · Investment management$21,521
FUTUREPLAN BY ASCENSUS · Contract administrator$5,304

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$40,885 · 1.00%
2023$46,758 · 1.42%
2022$41,635 · 1.31%
Similar plansProfessional & Technical Services · Missouri
H & H Color Lab, Inc. MO$5.4M · 0.97%
2E Creative Inc. MO$4.9M · 0.04%
Firstspear LLC MO$4.4M · 0.49%
Onder Law, LLC MO$4.0M · 0.67%
Atro LLC MO$3.8M · 0.80%
D3 Technologies MO$3.6M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431036995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.