Plan Ledger DOL Form 5500 · updated monthly

Multi Service Technology Solutions Inc.401(k)

TREVIPAY 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Multi Service Technology Solutions Inc. reported $85,734 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,711 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 0.29% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 212th-largest of 828 plans among Kansas employers on file, and the 2,395th of 4,798 in finance & insurance. In 2024, employees put in $3.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,572,130
Participants with balances452
Active participants452
Employer contributions$1,225,199
Employee contributions$3,707,209
Employer contribution per active participant$2,711
Average account balance$67,637
Benefits paid to participants$1,763,178
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.6M · 452 accts · $1.2M emplr
2023$23.2M · 465 accts · $1.2M emplr
2022$15.8M · 414 accts · $984K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,163
Investment management$65,571
Total administrative$85,734
The Multi Service Technology Solutions Inc. 401(k) match · 2024
Employer contribution per active participant$2,711
Median for plans this size$2,416
2024$2,711 per active participant
2023$2,433 per active participant
2022$2,102 per active participant

Multi Service Technology Solutions Inc.'s 2024 employer contribution ran above the $2,416 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$20,162
MMA SECURITIES · Investment advisory (plan)$65,571

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$85,734 · 0.32%
2023$57,380 · 0.29%
2022$46,045 · 0.29%
Same employer
Similar plansFinance & Insurance · Kansas
Ks Statebank KS$31.3M · 0.54%
Credit Union of America KS$27.9M · 0.30%
Security Bancshares Inc KS$24.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461486267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.