Plan Ledger DOL Form 5500 · updated monthly

Abc Coating401(k)

ABC COATING 401(K) PLAN · TULSA, OK · plan year 2023

Reported admin expense ratio · 2023
1.20%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Abc Coating reported $5,478 in plan administrative expenses for 2023: 1.20% of average plan assets, above the peer median. Employer contributions averaged $817 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oklahoma (702nd of 724), and 13,405th of 13,661 in manufacturing. In 2023, employees put in $1.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$660,556
Participants with balances142
Active participants179
Employer contributions$146,254
Employee contributions$238,572
Employer contribution per active participant$817
Average account balance$4,652
Benefits paid to participants$34,581
Plan auditUnmodified (clean) audit opinion
AuditorCONKLIN, GILPIN, & WERTZ, P.L.L.
Plan history2
Yearassets · accounts · employer contribution
2024$0 · $135K emplr
2023$661K · 142 accts · $146K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,542
Investment management$1,936
Total administrative$5,478
The Abc Coating 401(k) match · 2023
Employer contribution per active participant$817
Median for plans this size$522

Abc Coating's 2023 employer contribution ran above the $522 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
ADP, INC. · Loan processing · Recordkeeping$5,477

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024Not separately reported
2023$5,478 · 1.20%
Similar plansManufacturing · Oklahoma
Custom Seating, Inc. OK$1.8M · 1.12%
No Man's Land Foods, LLC OK$1.8M · 0.70%
Parks Manufacturing, LLC OK$1.6M · 1.81%
Pelco Industries, Inc. OK$926K · 1.77%
Proform Group Inc OK$233K · 1.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731056765 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.