Plan Ledger DOL Form 5500 · updated monthly

Action Safety Supply Co.401(k)

ACTION SAFETY SUPPLY CO. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Action Safety Supply Co. reported $8,468 in plan administrative expenses for 2024: 0.16% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,025 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 0.03% to 0.16%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (510th of 724), and 3,728th of 5,337 in construction. In 2024, the employer put in $1.45 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,188,000
Participants with balances198
Active participants159
Employer contributions$798,940
Employee contributions$552,541
Employer contribution per active participant$5,025
Average account balance$31,253
Benefits paid to participants$85,319
Plan auditUnmodified (clean) audit opinion
AuditorFORMAN AND LEATHER, P.C.
Plan history2
Yearassets · accounts · employer contribution
2024$6.2M · 198 accts · $799K emplr
2022$3.0M · 75 accts · $141K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,348
Investment management$1,120
Total administrative$8,468
The Action Safety Supply Co. 401(k) match · 2024
Employer contribution per active participant$5,025
Median for plans this size$1,313
2024$5,025 per active participant
2022$1,205 per active participant

Action Safety Supply Co.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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.

Administrative cost history2
2024$8,468 · 0.16%
2022$1,002 · 0.03%
Similar plansConstruction · Oklahoma
Allen Contracting, Inc. OK$8.1M · 0.05%
Simmons Homes LLC OK$8.0M · 0.01%
Marrs Electric LLC OK$7.5M · 0.04%
Cmswillowbrook, Inc. OK$6.9M · 0.01%
Thermal Specialties LLC OK$5.6M · 0.24%
Rudy Construction Company OK$5.0M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731213020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.