Plan Ledger DOL Form 5500 · updated monthly

The Family Conservancy, Inc.403(b)

403(B) THRIFT PLAN FOR THE FAMILY CONSERVANCY, INC. · KANSAS CITY, KS · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

The Family Conservancy, Inc. reported $1,492 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,889 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 0.62% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (514th of 828), and 6,030th of 11,911 in health care & social assistance. In 2024, the employer put in $1.15 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$9,094,528
Participants with balances184
Active participants120
Employer contributions$346,633
Employee contributions$302,251
Employer contribution per active participant$2,889
Average account balance$49,427
Benefits paid to participants$560,382
Plan auditUnmodified (clean) audit opinion
AuditorBT&CO., P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 184 accts · $347K emplr
2023$7.6M · 168 accts · $243K emplr
2022$6.4M · 175 accts · $259K emplr
Employer contributions to the The Family Conservancy, Inc. plan · 2024
Employer contribution per active participant$2,889
Median for plans this size$1,313
2024$2,889 per active participant
2023$1,844 per active participant
2022$2,026 per active participant

The Family Conservancy, Inc.'s 2024 employer contribution ran above the $1,313 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.

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 · 20241
MUTUAL OF AMERICA INSURANCE CO. · Claims processing · Recordkeeping$1,492

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$1,492 · 0.02%
2023$576 · 0.01%
2022$42,929 · 0.62%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Family Medcenters, P.A. KS$10.0M · 0.48%
Central Care, P.A. KS$9.8M · 0.20%
Dccca, Inc. KS$9.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440454800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.