Plan Ledger DOL Form 5500 · updated monthly

South Central Mental Health Counseling Center Inc.401(k)

SOUTH CENTRAL MENTAL HEALTH COUNSELING CENTER, INC. 401(K) P · AUGUSTA, KS · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

South Central Mental Health Counseling Center Inc. reported $29,514 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $1,472 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 1.16% to 0.58%. 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 Kansas (633rd of 828), and 7,606th of 11,911 in health care & social assistance. In 2024, employees put in $1.46 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,555,096
Participants with balances157
Active participants172
Employer contributions$253,265
Employee contributions$370,284
Employer contribution per active participant$1,472
Average account balance$35,383
Benefits paid to participants$251,276
Plan auditUnmodified (clean) audit opinion
AuditorWENDLING NOE NELSON & JOHNSON
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 157 accts · $253K emplr
2023$4.6M · 170 accts · $289K emplr
2022$3.5M · 175 accts · $252K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,220
Investment management$28,294
Total administrative$29,514
The South Central Mental Health Counseling Center Inc. 401(k) match · 2024
Employer contribution per active participant$1,472
Median for plans this size$1,313
2024$1,472 per active participant
2023$1,874 per active participant
2022$1,585 per active participant

South Central Mental Health Counseling Center Inc.'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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$2,045
KEATING FINANCIAL ADVISORY · Investment advisory (participants) · Investment advisory (plan)$28,294

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 history3
2024$29,514 · 0.58%
2023$23,993 · 0.59%
2022$48,074 · 1.16%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Aria Care Management, LLC KS$6.2M · 1.03%
Nueterra Capital, LLC KS$5.9M · 0.02%
Mosaic Diagnostic LLC KS$5.4M · 0.30%
Child Start, Inc. KS$5.1M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480678363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.