Plan Ledger DOL Form 5500 · updated monthly

The Midwest Trust Company401(k)

THE MIDWEST TRUST COMPANY PROFIT SHARING 401K PLAN · OVERLAND PARK, KS · plan year 2025

Reported admin expense ratio · 2025
0.02%

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

The Midwest Trust Company reported $13,149 in plan administrative expenses for 2025: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,554 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 3 years on file its reported administrative ratio fell from 0.04% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 88th-largest of 828 plans among Kansas employers on file, and the 1,236th of 4,798 in finance & insurance. In 2025, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 160 to 341 since 2022.

Plan summary
Net assets, end of year$75,261,995
Participants with balances390
Active participants341
Employer contributions$2,575,849
Employee contributions$3,566,581
Employer contribution per active participant$7,554
Average account balance$192,979
Benefits paid to participants$2,657,111
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$75.3M · 390 accts · $2.6M emplr
2024$40.0M · 302 accts · $1.8M emplr
2023$32.0M · 212 accts · $1.3M emplr
2022$26.0M · 191 accts · $1.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$12,291
Total administrative$13,149
The The Midwest Trust Company 401(k) match · 2025
Employer contribution per active participant$7,554
Median for plans this size$4,093
2025$7,554 per active participant
2024$6,866 per active participant
2023$7,276 per active participant
2022$6,826 per active participant

The Midwest Trust Company's 2025 employer contribution ran above the $4,093 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
TPP RETIREMENT PLAN SPECIALISTS, LL · Recordkeeping · Loan processing$12,291

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

Recordkeeper by year3
2025TPP RETIREMENT PLAN SPECIALISTS, LL
2024TPP RETIREMENT PLAN SPECIALISTS, LL
2023TPP RETIREMENT PLAN SPECIALISTS, LL

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Administrative cost history4
2025$13,149 · 0.02%
2024$20,654 · 0.06%
2023$8,029 · 0.03%
2022$10,031 · 0.04%
Similar plansFinance & Insurance · Kansas
Sunflower Bank, N.A. KS$120.2M · 0.15%
Relation Insurance, Inc. KS$114.9M · 0.21%
Advisors Excel, LLC KS$73.8M · 0.30%
Curo Management LLC KS$62.5M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 481138946 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.