Fellowship of Christian Athletes 401(k) Review & Grade
Fellowship of Christian Athletes Retirement/401(k) Plan
Kansas City, MOOther Services3,034 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,176Employer $ per active participant
$3,076Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$118.1MNet plan assets, end of year
$37,275Average balance per account
Score breakdown
- Employer generosity25.6 / 5051th percentile for employer $ per participant
- Low cost4.8 / 2519th percentile for low admin cost vs. same-size plans
- Employee saving7.7 / 1551th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Other Services plans with 2,500–9,999 active participants (42 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 51th |
| Lower admin cost | 19th |
| Employee saving | 51th |
| Peers that auto-enroll | 45% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Auditor concern: the independent auditor gave a qualified or adverse opinion.
Corrective distributions: the plan refunded $45,597 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Fellowship of Christian Athletes put in about $1,176 per active participant, more than the typical peer ($1,132). 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 (0.34% of assets) are well above similar-size plans (0.12%). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $3,566,207 |
| Participant (employee) contributions | $9,331,657 |
| Other contributions (incl. rollovers in) | $803,259 |
| Administrative expenses paid from the plan | $372,555 |
| Contract administrator fees | $372,555 |
| Benefits paid out | $7,675,946 |
| Net assets, start / end of year | $99.1M / $118.1M |
| Active participants, start / end of year | 2,923 / 3,144 |
| Participants with account balances | 3,168 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Keller & Owens, LLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $372,554 reported compensation |
| Rpa Financial, LLC | $87,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009153018NAL0011251872001, received 2025-10-09, EIN 44-0610626, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.