Plan Ledger DOL Form 5500 · updated monthly

National Insurance Producer Registry401(k)

NIPR RETIREMENT INVESTMENT PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

National Insurance Producer Registry reported $20,747 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,966 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 has held roughly steady near 0.090%. 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 504th-largest of 1,393 plans among Missouri employers on file, and 2,639th of 4,798 in finance & insurance. In 2024, employees put in $1.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,948,792
Participants with balances172
Active participants162
Employer contributions$1,452,525
Employee contributions$1,467,736
Employer contribution per active participant$8,966
Average account balance$150,865
Benefits paid to participants$354,457
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$25.9M · 172 accts · $1.5M emplr
2023$20.1M · 148 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,747
Total administrative$20,747
The National Insurance Producer Registry 401(k) match · 2024
Employer contribution per active participant$8,966
Median for plans this size$2,416
2024$8,966 per active participant
2023$7,869 per active participant

National Insurance Producer Registry's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$20,746

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

Administrative cost history2
2024$20,747 · 0.09%
2023$16,338 · 0.09%
Same employer
Similar plansFinance & Insurance · Missouri
Spring Venture Group, LLC MO$28.4M · 0.33%
Lincoln County Bancorp, Inc MO$27.0M · 0.18%
Mid-Missouri Bank MO$24.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431763793 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.