Plan Ledger DOL Form 5500 · updated monthly

Sunflower Bank, N.A.401(k)

SUNFLOWER BANK, N.A. WEALTH SAVINGS PLAN · SALINA, KS · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Sunflower Bank, N.A. reported $165,925 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $5,657 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 0.17% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 64th-largest of 828 plans among Kansas employers on file, and the 868th of 4,798 in finance & insurance. In 2024, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$120,150,384
Participants with balances1,395
Active participants1,053
Employer contributions$5,956,865
Employee contributions$8,480,623
Employer contribution per active participant$5,657
Average account balance$86,129
Benefits paid to participants$11,943,311
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$120.2M · 1,395 accts · $6.0M emplr
2023$100.3M · 1,377 accts · $5.3M emplr
2022$83.5M · 1,406 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$165,925
Total administrative$165,925
The Sunflower Bank, N.A. 401(k) match · 2024
Employer contribution per active participant$5,657
Median for plans this size$3,635
2024$5,657 per active participant
2023$5,252 per active participant
2022$4,765 per active participant

Sunflower Bank, N.A.'s 2024 employer contribution ran above the $3,635 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 COMPANY · Contract administrator · Loan processing$161,696
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$165,925 · 0.15%
2023$134,439 · 0.15%
2022$148,179 · 0.17%
Same employer
Similar plansFinance & Insurance · Kansas
Relation Insurance, Inc. KS$114.9M · 0.21%
The Midwest Trust Company KS$75.3M · 0.02%
Advisors Excel, LLC KS$73.8M · 0.30%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 480216075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.