Plan Ledger DOL Form 5500 · updated monthly

Old Missouri Bank401(k)

OLD MISSOURI BANK 401(K) PROFIT SHARING PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Old Missouri Bank reported $32,526 in plan administrative expenses for 2024: 0.41% of average plan assets, below the peer median. Employer contributions averaged $2,490 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 0.65% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Missouri (859th of 1,393), and 4,016th of 4,798 in finance & insurance. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 176 to 210 since 2022.

Plan summary
Net assets, end of year$9,679,958
Participants with balances206
Active participants210
Employer contributions$522,837
Employee contributions$903,398
Employer contribution per active participant$2,490
Average account balance$46,990
Benefits paid to participants$195,233
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT, ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 206 accts · $523K emplr
2023$6.2M · 201 accts · $435K emplr
2022$4.7M · 172 accts · $347K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,526
Investment management$30,000
Total administrative$32,526
The Old Missouri Bank 401(k) match · 2024
Employer contribution per active participant$2,490
Median for plans this size$1,313
2024$2,490 per active participant
2023$2,084 per active participant
2022$1,970 per active participant

Old Missouri Bank's 2024 employer contribution ran above the $1,313 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 · 20242
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$2,526
RAYMOND JAMES. · Investment advisory (plan)$30,000

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$32,526 · 0.41%
2023$30,242 · 0.55%
2022$28,261 · 0.65%
Same employer
Similar plansFinance & Insurance · Missouri
Sullivan Bank MO$11.8M · 0.31%
Blue Ridge Bancshares, Inc. MO$10.6M · 0.23%
Sterling Bank MO$10.2M · 0.01%
First Bank of the Lake MO$9.9M · 0.70%
Neighbors Credit Union MO$9.3M · 0.02%
Endeavor Capital, LLC MO$8.6M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431853121 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.