Plan Ledger DOL Form 5500 · updated monthly

Southeast Kansas Community Action Programs, Inc.401(k)

S.E.K.-C.A.P., INC. 401(K) PLAN · GIRARD, KS · plan year 2023

Reported admin expense ratio · 2023
1.44%

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

Southeast Kansas Community Action Programs, Inc. reported $32,638 in plan administrative expenses for 2023: 1.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $222 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 rose from 0.50% to 1.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (745th of 828), and 9,799th of 11,911 in health care & social assistance. In 2023, employees put in $4.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,302,272
Participants with balances201
Active participants204
Employer contributions$45,242
Employee contributions$216,197
Employer contribution per active participant$222
Average account balance$11,454
Benefits paid to participants$657,338
Plan auditUnmodified (clean) audit opinion
AuditorJARRED, GILMORE & PHILLIPS, PA
Plan history2
Yearassets · accounts · employer contribution
2023$2.3M · 201 accts · $45K emplr
2022$2.2M · 144 accts · $46K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$32,638
Total administrative$32,638
The Southeast Kansas Community Action Programs, Inc. 401(k) match · 2023
Employer contribution per active participant$222
Median for plans this size$1,308
2023$222 per active participant
2022$277 per active participant

Southeast Kansas Community Action Programs, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
SECURITY FINANCIAL SERVICES · Recordkeeping · Pension consulting$32,638

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

Administrative cost history2
2023$32,638 · 1.44%
2022$10,327 · 0.50%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Goodlife Innovations KS$2.8M · 0.33%
Mirror, Inc. KS$2.4M · 1.17%
Wesley Towers, Inc. KS$2.0M · 0.66%
Bethany Home Association KS$2.0M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480725078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.