Sydenstricker Nobbe Partners, Inc. 401(k) Review & Grade
Sydenstricker Nobbe Partners 401(k) Profit Sharing Plan and Trust
Shawnee Mission, KSWholesale Trade744 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,810Employer $ per active participant
$4,761Employee $ saved per active participant
0.38%Direct admin cost, % of plan assets
$68.6MNet plan assets, end of year
$84,860Average balance per account
Score breakdown
- Employer generosity25.5 / 5051th percentile for employer $ per participant
- Low cost8.0 / 2532th percentile for low admin cost vs. same-size plans
- Employee saving7.8 / 1552th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score44 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 32th |
| Employee saving | 52th |
| Peers that auto-enroll | 53% |
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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
- Sydenstricker Nobbe Partners put in about $1,810 per active participant, more than the typical peer ($1,792). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Direct plan expenses (0.38% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $1,346,952 |
| Participant (employee) contributions | $3,541,987 |
| Other contributions (incl. rollovers in) | $7,623,092 |
| Administrative expenses paid from the plan | $228,516 |
| Contract administrator fees | $228,516 |
| Benefits paid out | $2,878,426 |
| Net assets, start / end of year | $50.9M / $68.6M |
| Active participants, start / end of year | 695 / 793 |
| Participants with account balances | 808 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| TFB Advisors, LLC | $150,324 reported compensation |
| The Vanguard Group | $54,262 reported compensation |
| Tax Favored Benefits, Inc | $26,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013121758NAL0002749954001, received 2025-10-13, EIN 43-0947529, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.