Plan Ledger DOL Form 5500 · updated monthly

The Great Bend Cooperative Association dba American Plains Co-Op401(k)

UBG 401(K) - AMERICAN PLAINS COOP · GREAT BEND, KS · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

The Great Bend Cooperative Association dba American Plains Co-Op reported $11,312 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,152 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 0.22% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Kansas (620th of 828), and 593rd of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,010,644
Participants with balances169
Active participants174
Employer contributions$200,373
Employee contributions$517,814
Employer contribution per active participant$1,152
Average account balance$35,566
Benefits paid to participants$618,152
Plan auditUnmodified (clean) audit opinion
AuditorLINDBURG, VOGEL PIERCE FARIS
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 169 accts · $200K emplr
2023$5.1M · 144 accts · $175K emplr
2022$4.3M · 135 accts · $158K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,812
Investment management$2,500
Total administrative$11,312
The The Great Bend Cooperative Association dba American Plains Co-Op 401(k) match · 2024
Employer contribution per active participant$1,152
Median for plans this size$1,313
2024$1,152 per active participant
2023$1,089 per active participant
2022$988 per active participant

The Great Bend Cooperative Association dba American Plains Co-Op's 2024 employer contribution ran below the $1,313 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
UNITED BENEFITS GROUP · Contract administrator$5,636
INTELLICENTS INVESTMENT SOLUTIONS I · Investment advisory (plan)$2,500

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$11,312 · 0.20%
2023$9,706 · 0.21%
2022$9,770 · 0.22%
Similar plansAgriculture, Forestry & Fishing · Kansas
Frontier AG, Inc. KS$7.1M · 0.37%
J-Six Enterprises, L.L.C. KS$6.6M · 0.06%
Skymark Refuelers, LLC KS$1.9M · 0.57%
Villa St. Francis KS$223K · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480646838 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.