Plan Ledger DOL Form 5500 · updated monthly

Saint Francis Ministries, Inc.401(k)

SAINT FRANCIS MINISTRIES, INC. 401(K) PLAN PLAN · SALINA, KS · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Saint Francis Ministries, Inc. reported $234,380 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,607 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 0.626%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 165th-largest of 828 plans among Kansas employers on file, and the 2,271st of 11,911 in health care & social assistance. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has shrunk from 1,615 to 1,225 since 2022.

Plan summary
Net assets, end of year$39,119,960
Participants with balances952
Active participants1,225
Employer contributions$1,969,011
Employee contributions$2,302,727
Employer contribution per active participant$1,607
Average account balance$41,092
Benefits paid to participants$5,798,536
Plan auditUnmodified (clean) audit opinion
AuditorK COE ISOM, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.1M · 952 accts · $2.0M emplr
2023$35.8M · 1,144 accts · $2.0M emplr
2022$30.4M · 1,230 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,472
Investment management$74,680
Trustee / custodial$100,228
Total administrative$234,380
The Saint Francis Ministries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,607
Median for plans this size$2,416
2024$1,607 per active participant
2023$1,290 per active participant
2022$895 per active participant

Saint Francis Ministries, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
INTRUST BANK, N.A. · Recordkeeping · Trustee (discretionary)$159,701
WINTRUST INVESTMENTS · Investment management$74,680

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$234,380 · 0.63%
2023$211,748 · 0.64%
2022$208,299 · 0.63%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Mowery Clinic, L L C KS$44.0M · 0.15%
Mawd Pathology Group, P.A. KS$38.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480543809 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.