Plan Ledger DOL Form 5500 · updated monthly

United Way of Greater Kansas City, Inc.403(b)

UNITED WAY OF GREATER KANSAS CITY, INC. 403(B) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.90%

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

United Way of Greater Kansas City, Inc. reported $60,916 in plan administrative expenses for 2024: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,094 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 rose from 0.67% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Missouri (959th of 1,393), and 1,939th of 3,341 in other services. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,479,739
Participants with balances108
Active participants76
Employer contributions$615,119
Employee contributions$425,343
Employer contribution per active participant$8,094
Average account balance$69,257
Benefits paid to participants$411,455
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 108 accts · $615K emplr
2023$6.1M · 116 accts · $144K emplr
2022$5.3M · 102 accts · $412K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,035
Audit (IQPA)$15,881
Total administrative$60,916
Employer contributions to the United Way of Greater Kansas City, Inc. plan · 2024
Employer contribution per active participant$8,094
Median for plans this size$1,313
2024$8,094 per active participant
2023$1,570 per active participant
2022$5,349 per active participant

United Way of Greater Kansas City, 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$45,035
FORVIS · Accounting / audit$7,941
UNITED WAY OF GREATER KANSAS CITY · Accounting / audit · Contract administrator$7,940
CREATIVE PLANNING, INC. · 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$60,916 · 0.90%
2023$53,786 · 0.95%
2022$38,542 · 0.67%
Similar plansOther Services · Missouri
MOM365 Inc. MO$8.0M · 0.32%
Emmaus Homes, Inc. MO$7.7M · 0.60%
Machine Maintenance, Inc. MO$6.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 440545812 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.