Plan Ledger DOL Form 5500 · updated monthly

Seniorage403(b)

SENIORAGE 403(B) PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
1.45%

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

Seniorage reported $41,073 in plan administrative expenses for 2024: 1.45% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,040 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 rose from 1.28% to 1.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (1,188th of 1,393), and 9,302nd of 11,911 in health care & social assistance. In 2024, the employer put in $3.09 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,943,267
Participants with balances176
Active participants203
Employer contributions$414,121
Employee contributions$133,809
Employer contribution per active participant$2,040
Average account balance$16,723
Benefits paid to participants$556,038
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT, ROBINSON AND COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.9M · 176 accts · $414K emplr
2023$2.7M · 166 accts · $373K emplr
2022$2.0M · 146 accts · $344K emplr
Administrative expenses, itemized · 2024
Investment management$41,073
Total administrative$41,073
Employer contributions to the Seniorage plan · 2024
Employer contribution per active participant$2,040
Median for plans this size$1,313
2024$2,040 per active participant
2023$1,758 per active participant
2022$1,664 per active participant

Seniorage's 2024 employer contribution ran above 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 · 20243
PRINCIPAL LIFE INSURANCE CO · Contract administrator · Loan processing$28,342
DEFINITI, LLC · Contract administrator · Other services$12,532
SECURITIES AMERICA INC · Other servicesindirect 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$41,073 · 1.45%
2023$27,880 · 1.17%
2022$28,849 · 1.28%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Synergy Services Inc. MO$3.2M · 0.63%
Easy Living Inc. MO$2.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431018538 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.