Plan Ledger DOL Form 5500 · updated monthly

Relation Insurance, Inc.401(k)

RELATION INSURANCE, INC. RETIREMENT SAVINGS PLAN · OVERLAND PARK, KS · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Relation Insurance, Inc. reported $220,961 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $2,059 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. 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 67th-largest of 828 plans among Kansas employers on file, and the 903rd of 4,798 in finance & insurance. In 2024, employees put in $3.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$114,933,175
Participants with balances1,479
Active participants1,341
Employer contributions$2,761,247
Employee contributions$9,989,475
Employer contribution per active participant$2,059
Average account balance$77,710
Benefits paid to participants$10,555,949
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$114.9M · 1,479 accts · $2.8M emplr
2023$99.6M · 1,360 accts · $2.8M emplr
2022$80.3M · 1,394 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$220,961
Total administrative$220,961
The Relation Insurance, Inc. 401(k) match · 2024
Employer contribution per active participant$2,059
Median for plans this size$3,635
2024$2,059 per active participant
2023$2,276 per active participant
2022$1,789 per active participant

Relation Insurance, Inc.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$218,588
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$220,961 · 0.21%
2023$193,755 · 0.22%
2022$155,727 · 0.20%
Same employer
Similar plansFinance & Insurance · Kansas
Sunflower Bank, N.A. KS$120.2M · 0.15%
The Midwest Trust Company KS$75.3M · 0.02%
Advisors Excel, LLC KS$73.8M · 0.30%
Curo Management LLC KS$62.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260291031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.