Plan Ledger DOL Form 5500 · updated monthly

Presbyterian Manors of Mid-America, Inc.403(b)

PRESBYTERIAN MANORS OF MID-AMERICA, INC. 403(B) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Presbyterian Manors of Mid-America, Inc. reported $3,306 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18 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 0.04% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Kansas (469th of 828), and the 1,584th of 3,341 in other services. In 2024, employees put in $28.60 for every $1.00 the employer contributed; active participation has grown from 1,643 to 1,904 since 2022.

Plan summary
Net assets, end of year$10,794,471
Participants with balances489
Active participants1,904
Employer contributions$34,538
Employee contributions$987,907
Employer contribution per active participant$18
Average account balance$22,075
Benefits paid to participants$760,394
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 489 accts · $35K emplr
2023$9.3M · 514 accts · $28K emplr
2022$7.7M · 527 accts · $18K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,100
Trustee / custodial$206
Total administrative$3,306
Employer contributions to the Presbyterian Manors of Mid-America, Inc. plan · 2024
Employer contribution per active participant$18
Median for plans this size$2,416
2024$18 per active participant
2023$16 per active participant
2022$11 per active participant

Presbyterian Manors of Mid-America, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$3,306

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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Administrative cost history3
2024$3,306 · 0.03%
2023$8,052 · 0.09%
2022$3,546 · 0.04%
All plans at this employer2
PRESBYTERIAN MANORS OF MID-AMERICA, INC. TAX-SHELTERED ANNUITY PLAN403(b)
PRESBYTERIAN MANORS OF MID-AMERICA, INC. 403(B) PLAN403(b)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 480877587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.