Plan Ledger DOL Form 5500 · updated monthly

North American Savings Bank, F.S.B.401(k)

NORTH AMERICAN SAVINGS BANK, F.S.B. SAVINGS AND RETIREMENT PLAN · GRANDVIEW, MO · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

North American Savings Bank, F.S.B. reported $158,942 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,229 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 0.36% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 305th-largest of 1,393 plans among Missouri employers on file, and the 1,582nd of 4,798 in finance & insurance. In 2024, employees put in $2.99 for every $1.00 the employer contributed; active participation has shrunk from 424 to 247 since 2022.

Plan summary
Net assets, end of year$53,477,475
Participants with balances462
Active participants247
Employer contributions$550,489
Employee contributions$1,648,514
Employer contribution per active participant$2,229
Average account balance$115,752
Benefits paid to participants$5,307,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.5M · 462 accts · $550K emplr
2023$49.3M · 616 accts · $605K emplr
2022$52.9M · 630 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,243
Investment management$54,699
Total administrative$158,942
The North American Savings Bank, F.S.B. 401(k) match · 2024
Employer contribution per active participant$2,229
Median for plans this size$3,635
2024$2,229 per active participant
2023$2,502 per active participant
2022$2,619 per active participant

North American Savings Bank, F.S.B.'s 2024 employer contribution ran below the $3,635 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$104,243
LOCKTON INVESTMENT ADVISORS LLC · Investment advisory (plan)$54,699
CHARLES SCHWAB TRUST BANK · Custodial (securities)$17,526

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$158,942 · 0.31%
2023$179,152 · 0.35%
2022$214,237 · 0.36%
Same employer
Similar plansFinance & Insurance · Missouri
Southern Bank MO$70.4M · 0.02%
Ameri-National Corporation MO$60.1M · 0.25%
Hawthorn Bancshares, Inc. MO$53.1M · 0.01%
Together Credit Union MO$52.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440373310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.