Plan Ledger DOL Form 5500 · updated monthly

Rainbows United, Inc.401(k)

RAINBOWS UNITED 401(K) PLAN · WICHITA, KS · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Rainbows United, Inc. reported $42,151 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $955 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 0.46% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Kansas (475th of 828), and 2,065th of 3,091 in educational services. In 2024, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,651,004
Participants with balances199
Active participants178
Employer contributions$169,918
Employee contributions$513,485
Employer contribution per active participant$955
Average account balance$53,523
Benefits paid to participants$584,382
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 199 accts · $170K emplr
2023$8.8M · 207 accts · $132K emplr
2022$7.5M · 205 accts · $159K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,987
Investment management$18,980
Trustee / custodial$11,184
Total administrative$42,151
The Rainbows United, Inc. 401(k) match · 2024
Employer contribution per active participant$955
Median for plans this size$1,313
2024$955 per active participant
2023$747 per active participant
2022$925 per active participant

Rainbows United, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$42,151

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.

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

Administrative cost history3
2024$42,151 · 0.43%
2023$38,378 · 0.47%
2022$42,469 · 0.46%
Same employer
Similar plansEducational Services · Kansas
McPherson College KS$23.0M · 0.37%
Wichita Collegiate School KS$21.5M · 0.39%
Sterling College KS$13.3M · 0.26%
Trinity Academy KS$4.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480793004 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.