University of Saint Mary, Inc 401(k) Review & Grade
University of Saint Mary 401(k) Retirement Savings Plan
Leavenworth, KSAgriculture, Forestry, Fishing & Hunting656 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,247Employer $ per active participant
$1,717Employee $ saved per active participant
0.31%Direct admin cost, % of plan assets
$14.2MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity29.5 / 5059th percentile for employer $ per participant
- Low cost10.0 / 2540th percentile for low admin cost vs. same-size plans
- Employee saving6.8 / 1545th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score49 / 100 · Grade C
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 40th |
| Employee saving | 45th |
| Peers that auto-enroll | 36% |
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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
- University of Saint Mary put in about $1,247 per active participant, more than the typical peer ($774). 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.
- 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 | $818,872 |
| Participant (employee) contributions | $1,127,313 |
| Other contributions (incl. rollovers in) | $58,446 |
| Administrative expenses paid from the plan | $40,880 |
| Other admin expenses | $40,880 |
| Benefits paid out | $1,831,530 |
| Net assets, start / end of year | $12.5M / $14.2M |
| Active participants, start / end of year | 750 / 563 |
| Participants with account balances | 318 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Pickett Chaney & Mcmullen |
Largest service providers (Schedule C)
| T. Rowe Price RPS, Inc. | $40,880 reported compensation |
| American Funds | $0 reported compensation |
| Pimco Funds | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014170812NAL0001715539001, received 2025-10-14, EIN 48-0547846, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.