Morningside University Defined 401(A)Money purchase plan
MORNINGSIDE UNIVERSITY DEFINED CONTRIBUTION RETIRE · SIOUX CITY, IA · plan year 2024
Morningside University Defined 401(A) reported $23,987 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. 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 0.06% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 366th-largest of 878 plans among Iowa employers on file, and the 950th of 3,341 in other services. active participation has shrunk from 183 to 164 since 2022.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 420680400 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.