Plan Ledger DOL Form 5500 · updated monthly

Sunflower Electric Power Corporation401(k)

SUNFLOWER ELECTRIC POWER CORPORATION 401(K) PLAN · HAYS, KS · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Sunflower Electric Power Corporation reported $103,376 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $0 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 rose from 0.19% to 0.20%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 130th-largest of 828 plans among Kansas employers on file, and the 178th of 412 in utilities.

Plan summary
Net assets, end of year$51,556,278
Participants with balances436
Active participants460
Employer contributions$0
Employee contributions$3,281,814
Employer contribution per active participant$0
Average account balance$118,248
Benefits paid to participants$9,077,398
Plan auditUnmodified (clean) audit opinion
AuditorBRUNGARDT HOWER WARD ELLIOTT
Plan history3
Yearassets · accounts · employer contribution
2024$51.6M · 436 accts
2023$49.7M · 425 accts
2022$46.9M · 427 accts
Administrative expenses, itemized · 2024
Investment management$103,376
Total administrative$103,376
The Sunflower Electric Power Corporation 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635

Sunflower Electric Power Corporation's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
RAYMOND JAMES · Investment advisory (plan)$103,376

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$103,376 · 0.20%
2023$91,190 · 0.19%
2022$100,183 · 0.19%
Same employer
Similar plansUtilities · Kansas
Cardinal Operating Company OH$56.7M · 0.11%
Mustang Fuel Corporation OK$53.2M · 0.11%
Arizona Water Co. AZ$49.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010707918 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.