Plan Ledger DOL Form 5500 · updated monthly

Skymark Buyers Corp.401(k)

SKYMARK BUYERS CORP. 401K PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Skymark Buyers Corp. reported $18,435 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $850 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 1 year on file its reported administrative ratio fell from 0.65% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Missouri (1,152nd of 1,393), and 707th of 945 in agriculture, forestry & fishing. In 2024, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,669,615
Participants with balances158
Active participants237
Employer contributions$201,546
Employee contributions$616,159
Employer contribution per active participant$850
Average account balance$23,225
Benefits paid to participants$553,833
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history2
Yearassets · accounts · employer contribution
2024$3.7M · 158 accts · $202K emplr
2023$3.0M · 139 accts · $199K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,103
Investment management$17,332
Total administrative$18,435
The Skymark Buyers Corp. 401(k) match · 2024
Employer contribution per active participant$850
Median for plans this size$1,313
2024$850 per active participant
2023$1,093 per active participant

Skymark Buyers Corp.'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$1,103
ONEDIGITAL INVESTMENT ADVSRS · Investment advisory (participants) · Investment advisory (plan)$17,332

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history2
2024$18,435 · 0.55%
2023$16,076 · 0.65%
Same employer
Similar plansAgriculture, Forestry & Fishing · Missouri
Dca Outdoor, Inc. MO$7.4M · 0.91%
Rosehill Gardens Inc MO$4.1M · 0.73%
Bauer Equity Partners MO$3.9M · 0.51%
Rsc Landscaping, LTD. DE$3.7M · 0.47%
Rancho Guadalupe LLC CA$3.7M · 0.32%
Eshraghi Nurseries, LLC OR$3.7M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873981728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.