Plan Ledger DOL Form 5500 · updated monthly

Allen Contracting, Inc.401(k)

ALLEN CONTRACTING, INC. 401K RETIREMENT PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Allen Contracting, Inc. reported $3,642 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,952 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 fell from 0.06% to 0.05%. 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 (443rd of 724), and 3,366th of 5,337 in construction. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 95 to 105 since 2022.

Plan summary
Net assets, end of year$8,147,623
Participants with balances133
Active participants105
Employer contributions$309,975
Employee contributions$649,139
Employer contribution per active participant$2,952
Average account balance$61,260
Benefits paid to participants$1,031,690
Plan auditUnmodified (clean) audit opinion
AuditorFOREMAN & LEATHERS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 133 accts · $310K emplr
2023$7.5M · 125 accts · $301K emplr
2022$7.3M · 119 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,642
Total administrative$3,642
The Allen Contracting, Inc. 401(k) match · 2024
Employer contribution per active participant$2,952
Median for plans this size$1,313
2024$2,952 per active participant
2023$3,107 per active participant
2022$2,936 per active participant

Allen Contracting, Inc.'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.

Service providers · 20242
EMPLOYEE BENEFITS GROUP, LLC · Contract administrator$3,642

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$3,642 · 0.05%
2023$2,200 · 0.03%
2022$4,667 · 0.06%
Similar plansConstruction · Oklahoma
H.C. Employees, LLC OK$8.3M · 0.62%
Bh Group Holdings, LLC OK$8.2M · 0.84%
Simmons Homes LLC OK$8.0M · 0.01%
Marrs Electric LLC OK$7.5M · 0.04%
Cmswillowbrook, Inc. OK$6.9M · 0.01%
Action Safety Supply Co. OK$6.2M · 0.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731297069 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.