Plan Ledger DOL Form 5500 · updated monthly

Systems, LLC401(k)

SYSTEMS 401(K) RETIREMENT PLAN · OSAGE BEACH, MO · plan year 2024

Reported admin expense ratio · 2024
1.91%

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

Systems, LLC reported $206,864 in plan administrative expenses for 2024: 1.91% of average plan assets, higher than ~90% of peers. 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 fell from 2.16% to 1.91%. 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 among the smaller plans on file in Missouri (798th of 1,393), and the 5,378th of 11,911 in health care & social assistance. active participation has shrunk from 3,266 to 2,139 since 2022.

Plan summary
Net assets, end of year$11,209,137
Participants with balances2,399
Active participants2,139
Employer contributions$0
Employee contributions$1,123,573
Employer contribution per active participant$0
Average account balance$4,672
Benefits paid to participants$1,426,712
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 2,399 accts
2023$10.5M · 2,132 accts
2022$9.6M · 1,846 accts · $2K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,080
Investment management$27,086
Total administrative$206,864
The Systems, LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Systems, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA FINANCIAL LIFE INS. CO · Recordkeeping · Loan processing$108,080
QUALIFIED PLAN CONSULTANTS, LLC · Recordkeeping · Loan processing$71,698
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$27,086

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

Recordkeeper by year2
2024QUALIFIED PLAN CONSULTANTS, LLC, Transamerica
2023QUALIFIED PLAN CONSULTANTS, LLC, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$206,864 · 1.91%
2023$197,689 · 1.97%
2022$232,785 · 2.16%
All plans at this employer2
SYSTEMS 401(K) RETIREMENT PLAN401(k)
SYSTEMS, LLC RETIREMENT PLAN401(k)
Similar plansHealth Care & Social Assistance · Missouri
V.N.A. Corporation MO$11.7M · 0.64%
Rhg Consolidated, LLC MO$11.2M · 1.01%
Tutera Group Inc. MO$11.2M · 0.78%
Community Counseling Center MO$11.1M · 1.30%
Carestl Health MO$11.0M · 0.03%
Soh Dental LLC MO$10.3M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201820942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.