Plan Ledger DOL Form 5500 · updated monthly

Swope Health Services401(k)

SWOPE HEALTH SERVICES RETIREMENT PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Swope Health Services reported $161,353 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,727 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 0.46% to 0.53%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 438th-largest of 1,393 plans among Missouri employers on file, and the 2,662nd of 11,911 in health care & social assistance. In 2024, employees put in $2.24 for every $1.00 the employer contributed; active participation has grown from 461 to 572 since 2022.

Plan summary
Net assets, end of year$31,469,030
Participants with balances718
Active participants572
Employer contributions$987,577
Employee contributions$2,214,254
Employer contribution per active participant$1,727
Average account balance$43,829
Benefits paid to participants$5,168,506
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.5M · 718 accts · $988K emplr
2023$30.0M · 683 accts · $825K emplr
2022$27.2M · 627 accts · $790K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$161,353
Total administrative$161,353
The Swope Health Services 401(k) match · 2024
Employer contribution per active participant$1,727
Median for plans this size$2,416
2024$1,727 per active participant
2023$1,640 per active participant
2022$1,713 per active participant

Swope Health Services's 2024 employer contribution ran below the $2,416 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
RESOURCES INVESTMENT ADVISORS, INC. · Investment management$103,246
GREAT-WEST LIFE & ANNUITY COMPANY$46,710
ONEDIGITAL INVESTMENT ADVISORS · Contract administratorindirect 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$161,353 · 0.53%
2023$136,754 · 0.48%
2022$140,532 · 0.46%
Same employer
Similar plansHealth Care & Social Assistance · Missouri
Retina Consultants, LTD. MO$33.9M · 0.03%
John Knox Village MO$33.3M · 0.52%
Hicuity Health MO$33.1M · 0.41%
Affinia Healthcare MO$28.4M · 0.33%
Rediscover MO$27.6M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430957840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.