Plan Ledger DOL Form 5500 · updated monthly

U.K.S.M.-W. Medical Practice Association403(b)

U.K.S.M.-W., M.P.A. TAX DEFERRED ANNUITY PLAN · WICHITA, 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

U.K.S.M.-W. Medical Practice Association reported $3,655 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,275 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 0.019% to 0.017%. 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 263rd-largest of 828 plans among Kansas employers on file, and the 3,290th of 11,911 in health care & social assistance. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,624,072
Participants with balances227
Active participants234
Employer contributions$1,000,287
Employee contributions$1,099,384
Employer contribution per active participant$4,275
Average account balance$104,071
Benefits paid to participants$1,521,490
Plan auditDisclaimer of opinion
AuditorREGIER CARR & MONROE, LLP, CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 227 accts · $1.0M emplr
2023$20.3M · 221 accts · $874K emplr
2022$17.3M · 220 accts · $842K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,655
Total administrative$3,655
Employer contributions to the U.K.S.M.-W. Medical Practice Association plan · 2024
Employer contribution per active participant$4,275
Median for plans this size$2,416
2024$4,275 per active participant
2023$3,817 per active participant
2022$3,933 per active participant

U.K.S.M.-W. Medical Practice Association's 2024 employer contribution ran above the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$3,655
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$3,655 · 0.02%
2023$3,768 · 0.02%
2022$2,964 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Kansas
Kansas Medical Center, LLC KS$26.1M · 0.43%
Valley Hope Association KS$24.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 480805658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.