Plan Ledger DOL Form 5500 · updated monthly

Unbound403(b)

UNBOUND RETIREMENT PLAN · KANSAS CITY, KS · plan year 2025

Reported admin expense ratio · 2025
0.21%

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

Unbound reported $42,099 in plan administrative expenses for 2025: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,784 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 4 years on file its reported administrative ratio has held roughly steady near 0.205%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other other services employers. By assets it is the 279th-largest of 828 plans among Kansas employers on file, and the 974th of 3,341 in other services. In 2025, employees put in $1.19 for every $1.00 the employer contributed; active participation has shrunk from 147 to 118 since 2022.

Plan summary
Net assets, end of year$22,260,900
Participants with balances177
Active participants118
Employer contributions$564,456
Employee contributions$672,610
Employer contribution per active participant$4,784
Average account balance$125,768
Benefits paid to participants$1,115,270
Plan auditUnmodified (clean) audit opinion
AuditorPICKETT, CHANEY & MCMULLEN
Plan history4
Yearassets · accounts · employer contribution
2025$22.3M · 177 accts · $564K emplr
2024$18.8M · 177 accts · $538K emplr
2023$18.8M · 212 accts · $697K emplr
2022$15.1M · 205 accts · $566K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,805
Investment management$39,294
Total administrative$42,099
Employer contributions to the Unbound plan · 2025
Employer contribution per active participant$4,784
Median for plans this size$2,666
2025$4,784 per active participant
2024$4,716 per active participant
2023$6,112 per active participant
2022$3,849 per active participant

Unbound's 2025 employer contribution ran above the $2,666 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 · 20252
FREESTATE ADVISORS LLC · Investment advisory (plan)$39,294
CAPITAL GROUP RETIREMENT PLAN SERVI$2,256

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

Administrative cost history4
2025$42,099 · 0.21%
2024$40,506 · 0.22%
2023$34,973 · 0.21%
2022$34,172 · 0.21%
Same employer
Similar plansOther Services · Kansas
Cstk Inc. KS$37.2M · 0.18%
Pk Companies Group, LLC KS$15.3M · 0.75%
Ibew Local Union No 226 KS$12.0M · 1.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431243999 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.