Plan Ledger DOL Form 5500 · updated monthly

Saint Luke's Health System403(b)

SAINT LUKE'S 403(B) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Saint Luke's Health System reported $1,344,017 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 0.19% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 35th-largest of 1,393 plans among Missouri employers on file, and the 198th of 11,911 in health care & social assistance. In 2024, employees put in $5353351.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$960,932,959
Participants with balances15,626
Active participants13,418
Employer contributions$16
Employee contributions$85,653,622
Employer contribution per active participant$0
Average account balance$61,496
Benefits paid to participants$82,624,818
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$960.9M · 15,626 accts · $16 emplr
2023$831.1M · 15,278 accts
2022$673.0M · 14,895 accts · $1K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$831,982
Investment management$485,332
Total administrative$1,344,017
The Saint Luke's Health System 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$4,294
2024$0 per active participant
2022$0 per active participant

Saint Luke's Health System's 2024 employer contribution ran below the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,008,951
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$313,487
CAPTRUST · Investment advisory (plan)$26,703

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$1,344,017 · 0.15%
2023$1,421,119 · 0.19%
2022$1,356,525 · 0.19%
All plans at this employer2
SAINT LUKE'S RETIREMENT BALANCE AND MATCHING PLAN401(k)
SAINT LUKE'S 403(B) PLAN403(b)
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Bjc Health System MO$2.3B · 0.11%
Ssm Health Care Corp. MO$1.4B · 0.01%
Mosaic Health System MO$453.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431747502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.