Plan Ledger DOL Form 5500 · updated monthly

Netsmart Technologies, Inc.401(k)

NETSMART TECHNOLOGIES, INC. 401(K) PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Netsmart Technologies, Inc. reported $373,064 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,439 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 0.17% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 24th-largest of 828 plans among Kansas employers on file, and the 597th of 11,654 in professional & technical services. In 2024, employees put in $3.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$283,529,956
Participants with balances3,386
Active participants2,683
Employer contributions$6,544,097
Employee contributions$22,513,981
Employer contribution per active participant$2,439
Average account balance$83,736
Benefits paid to participants$24,601,849
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$283.5M · 3,386 accts · $6.5M emplr
2023$236.3M · 3,258 accts · $6.3M emplr
2022$182.2M · 3,241 accts · $6.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$293,064
Investment management$80,000
Total administrative$373,064
The Netsmart Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$2,439
Median for plans this size$4,294
2024$2,439 per active participant
2023$2,482 per active participant
2022$2,304 per active participant

Netsmart Technologies, Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$293,787
CREATIVE PLANNING LLC · Investment advisory (plan)$80,000

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$373,064 · 0.14%
2023$314,251 · 0.15%
2022$336,467 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Kansas
Bvh, Inc. KS$3.0B · 0.07%
Tsvc, Inc KS$1.0B · 0.04%
Henderson Companies, Inc KS$202.0M · 0.10%
Wellsky Corporation KS$191.8M · 0.36%
Foulston Siefkin LLP KS$140.0M · 0.00%
Pinion, LLC KS$125.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133680154 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.