Plan Ledger DOL Form 5500 · updated monthly

Accurus Aerospace Corporation401(k)

ACCURUS AEROSPACE CORPORATION 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Accurus Aerospace Corporation reported $178,945 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,769 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.

Across the 2 years on file its reported administrative ratio rose from 0.75% to 0.85%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 227th-largest of 724 plans among Oklahoma employers on file, and the 5,508th of 13,661 in manufacturing. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 472 to 645 since 2022.

Plan summary
Net assets, end of year$22,378,704
Participants with balances728
Active participants645
Employer contributions$1,140,709
Employee contributions$2,194,156
Employer contribution per active participant$1,769
Average account balance$30,740
Benefits paid to participants$3,074,442
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 728 accts · $1.1M emplr
2023$19.8M · 632 accts · $1.0M emplr
2022$14.5M · 368 accts · $568K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$177,237
Investment management$1,708
Total administrative$178,945
The Accurus Aerospace Corporation 401(k) match · 2024
Employer contribution per active participant$1,769
Median for plans this size$2,416
2024$1,769 per active participant
2023$1,697 per active participant
2022$1,204 per active participant

Accurus Aerospace Corporation's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$169,125
NOVA 401K ASSOCIATES · Accounting / audit · Contract administrator$5,733
ADMINISTRATIVE FIDUCIARY · Contract administrator · Legal$4,086
TOWERS WATSON INVESTMENT SERVICES · Investment advisory (plan)indirect comp
PKF O'CONNOR DAVIES, LLP · Accounting / auditindirect comp

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

Administrative cost history3
2024$178,945 · 0.85%
2023$198,078 · 1.15%
2022$118,736 · 0.75%
Same employer
Similar plansManufacturing · Oklahoma
Mesa Products, Inc. OK$26.3M · 0.25%
Cof Aggregate Holdings, Inc OK$24.8M · 0.56%
Rae Corporation OK$24.7M · 0.67%
Schwarz Paving Co., Inc. OK$23.2M · 0.17%
Miratech Group, LLC OK$21.4M · 0.58%
Newell Coach Corporation OK$21.1M · 0.04%
Flogistix, LP OK$21.1M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901000724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.