Plan Ledger DOL Form 5500 · updated monthly

American Farmers & Ranchers Mutual Ins.401(k)

AMERICAN FARMERS & RANCHERS MUTUAL INSURANCE COMPANY 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

American Farmers & Ranchers Mutual Ins. reported $65,088 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $4,333 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 0.34% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 223rd-largest of 724 plans among Oklahoma employers on file, and 2,862nd of 4,798 in finance & insurance. In 2024, employees put in $1.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,618,476
Participants with balances227
Active participants165
Employer contributions$714,936
Employee contributions$894,636
Employer contribution per active participant$4,333
Average account balance$99,641
Benefits paid to participants$3,171,995
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 227 accts · $715K emplr
2023$21.1M · 230 accts · $722K emplr
2022$17.7M · 225 accts · $678K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,100
Investment management$41,493
Total administrative$65,088
The American Farmers & Ranchers Mutual Ins. 401(k) match · 2024
Employer contribution per active participant$4,333
Median for plans this size$2,416
2024$4,333 per active participant
2023$4,428 per active participant
2022$4,262 per active participant

American Farmers & Ranchers Mutual Ins.'s 2024 employer contribution ran above the $2,416 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
BANCFIRST · Investment advisory (plan)$41,493
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,595

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$65,088 · 0.30%
2023$58,093 · 0.30%
2022$67,557 · 0.34%
Same employer
Similar plansFinance & Insurance · Oklahoma
Fnb Community Bank OK$23.5M · 0.28%
American Heritage Bank OK$22.4M · 0.09%
Vision Bank OK$21.8M · 0.48%
Gaming Capital Group LLC OK$21.6M · 0.39%
Oklahoma's Credit Union OK$20.6M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731137107 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.