Advisors Excel, LLC 401(k) Review & Grade
Advisors Excel, LLC 401(k) P/S Plan
Topeka, KSFinance & Insurance963 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,264Employer $ per active participant
$6,653Employee $ saved per active participant
0.30%Direct admin cost, % of plan assets
$73.8MNet plan assets, end of year
$74,441Average balance per account
Score breakdown
- Employer generosity22.1 / 5044th percentile for employer $ per participant
- Low cost10.2 / 2541th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1545th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score42 / 100 · Grade D
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 44th |
| Lower admin cost | 41th |
| Employee saving | 45th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Advisors Excel put in about $3,264 per active participant, below the typical peer ($3,606). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $3,142,797 |
| Participant (employee) contributions | $6,406,591 |
| Other contributions (incl. rollovers in) | $709,483 |
| Administrative expenses paid from the plan | $199,747 |
| Investment advisory & management fees | $57,908 |
| Other admin expenses | $300 |
| Benefits paid out | $3,374,651 |
| Net assets, start / end of year | $60.2M / $73.8M |
| Active participants, start / end of year | 931 / 995 |
| Participants with account balances | 992 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company O | $147,539 reported compensation |
| Two West Capital Advisors LLC | $57,908 reported compensation |
| Qdro Consultants Co LLC | $300 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014082243NAL0003419152001, received 2025-10-14, EIN 20-2111111, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.