Southwest Missouri Bancorporation, Inc.401(k) + ESOP (KSOP)
SOUTHWEST MISSOURI BANCORPORATION, INC. EMPLOYEE STOCK OWNERSHIP PLAN · CARTHAGE, MO · plan year 2022
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Southwest Missouri Bancorporation, Inc. reported $56,849 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $4,067 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 3 years on file its reported administrative ratio has held roughly steady near 0.165%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other management of companies employers. By assets it is the 423rd-largest of 1,393 plans among Missouri employers on file, and the 350th of 786 in management of companies. In 2022, the employer put in $1.46 for every $1.00 employees contributed themselves.
Southwest Missouri Bancorporation, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 431252060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.