Missouri › Information › 1,000 to 4,999 participants
Form 5500 statement · plan year 1 Jan 2025 to 31 Dec 2025
Cass Information Systems, Inc. 401(k) Plan
Sponsored by Cass Information Systems, Inc., St. Louis, MO
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2025, Cass Information Systems, Inc. 401(k) Plan covered 1,134 participants and held $140M in net assets. The plan is a 401(k) plan sponsored by Cass Information Systems, Inc. of St. Louis, Missouri.
Net assets came to $99,622 per participant in plan year 2024, well above the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and well above the $67,311 median for defined contribution plans in information. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
The employer contributed $3.9M during the year, or $4,391 per active participant against a same-size median of $2,045; participants contributed $6.6M and $2.1M arrived as rollovers and other contributions. Benefits paid out totalled $15.8M.
Schedule C lists 2 service provider organisations paid $5,000 or more, with reported compensation of $140K: $124 per participant, close to the same-size median of $82.08. Administrative expenses charged to the plan were $140K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $24.3M in 2009 to $140M in 2025 (up 475%), and participants from 950 to 1,134 (up 19%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure, plan year 2024 | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $99,622 | $50,295 | $67,311 | $53,102 |
| Employer contributions per active participant | $3,827 | $2,045 | $2,928 | $2,175 |
| Schedule C compensation per participant | $80.57 | $82.08 | $121 | $123 |
| Schedule C compensation, share of net assets | 0.08% | 0.17% | 0.19% | 0.26% |
| Administrative expenses per participant | $80.57 | $82.20 | $116 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 plans), information (1,830) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2025 | 1,134 | $140M | $123,111 | $3.9M | $6.6M | $140K |
| 2024 | 1,240 | $124M | $99,623 | $4.0M | $6.6M | $100K |
| 2023 | 1,271 | $107M | $83,862 | $5.2M | $6.1M | $32K |
| 2022 | 1,198 | $87.6M | $73,083 | $5.0M | $5.4M | $27K |
| 2021 | 1,083 | $101M | $92,905 | $3.5M | $4.8M | $28K |
| 2020 | 1,047 | $84.1M | $80,333 | $1.6M | $4.6M | $22K |
| 2019 | 1,066 | $74.4M | $69,763 | $1.4M | $4.4M | $32K |
| 2018 | 1,053 | $60.3M | $57,294 | $1.1M | $4.0M | $36K |
| 2017 | 1,034 | $61.8M | $59,785 | $923K | $3.5M | $25K |
| 2016 | 985 | $52.9M | $53,743 | $625K | $3.1M | $25K |
| 2015 | 983 | $46.5M | $47,271 | $657K | $2.9M | $29K |
| 2014 | 982 | $44.9M | $45,722 | $585K | $2.6M | $32K |
| 2013 | 983 | $41.6M | $42,364 | $592K | $2.4M | $27K |
| 2012 | 947 | $34.2M | $36,081 | $537K | $2.3M | $16K |
| 2011 | 899 | $29.5M | $32,835 | $475K | $2.2M | $15K |
| 2010 | 869 | $27.9M | $32,090 | $449K | $2.0M | $17K |
| 2009 | 950 | $24.3M | $25,560 | $476K | $2.2M | $13K |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$123,531,826
- Employer contributions$3,898,809
- Participant contributions$6,582,122
- Rollovers and other contributions$2,114,550
- Total contributions$12,595,481
- Total income, including investment results$32,054,394
- Benefits paid$15,829,632
- Administrative expenses$140,307
- Total expenses$15,977,899
- Net income$16,076,495
- Net transfers$0
- Net assets, end of year$139,608,321
Participants
- Active participants888
- Retired or separated, receiving benefits1
- Retired or separated, entitled to future benefits240
- Participants with account balances1,106
- Total participants, end of year1,134
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Principal Life Insurance Company | Contract Administrator; Participant loan processing | $140,307 | $0 |
| Wilshire Advisors LLC | Investment advisory (plan) | $0 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Contract administrator fees$140,307
- Total administrative expenses$140,307
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$85.5M · 61.2%
- Registered investment companies (mutual funds)$46.2M · 33.1%
- Pooled separate accounts$5.2M · 3.7%
- Participant loans$2.1M · 1.5%
- Employer securities$617K · 0.4%
- Receivables$1,567 · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmLBMC, PC
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $20,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2S401(k) plan or 403(b) plan that provides for automatic enrollment2TTotal or partial participant-directed account plan with a default investment account3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 518210: Data Processing, Hosting, & Related Services.
Similar plans in Missouri
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Tierpoint 401(k) Plan | Tierpoint, LLC | 1,151 | $82.9M | $72,047 |
| Conference Technologies, Inc. 401(k) Profit Sharing Plan & Trust | Conference Technologies, Inc. | 1,005 | $40.6M | $40,372 |
| News-Press & Gazette Employees' 401(k) Plan | News-Press & Gazette Company | 1,159 | $104M | $90,061 |
| Live Learning Technologies SR 401(k) Plan | Live Learning Technologies Shared Resources | 911 | $18.2M | $19,928 |
| Learfield Communications 401(k) Plan | Learfield Communications, LLC | 3,266 | $199M | $60,948 |
| Local Union No. 4, IBEW Pension Plan | Local Union No. 4, IBEW | 759 | $55.5M | $73,115 |
Defined contribution plans in information closest in size.
Questions and answers
How big is Cass Information Systems, Inc. 401(k) Plan?
1,134 participants at the end of the plan year ending 31 Dec 2025, of whom 888 were active employees, with net assets of $139,608,321. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.
What does Cass Information Systems, Inc. contribute per participant?
The filing reports $3,898,809 in employer contributions for the year, which is $4,391 per active participant; the median for plans of the same type and size was $2,045 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $140,307 in compensation to service provider organisations, $124 per participant or 0.10% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $140,307. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Cass Information Systems, Inc.. Recordkeeping or administration: Principal Life Insurance Company. Investment advisory or management: Wilshire Advisors LLC. The financial statements were audited by LBMC, PC. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2025 to 31 Dec 2025, received by the Department of Labor on 24 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 43-1265338, plan 002, received 24 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.