Plan Ledger DOL Form 5500 · updated monthly

Be Ok Resources LLC401(k)

BE OK RESOURCES 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
1.55%

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

Be Ok Resources LLC reported $9,442 in plan administrative expenses for 2024: 1.55% of average plan assets, above the peer median. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 1.16% to 1.55%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,196th of 1,285), and 11,382nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$631,377
Participants with balances316
Active participants103
Employer contributions$0
Employee contributions$188,956
Employer contribution per active participant$0
Average account balance$1,998
Benefits paid to participants$200,620
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$631K · 316 accts
2023$583K · 322 accts · $125K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,995
Investment management$447
Total administrative$9,442
The Be Ok Resources LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$540

Be Ok Resources LLC's 2024 employer contribution ran below the $540 median for plans its size, in the bottom 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 · 20241
GUIDELINE, INC. · Plan administrator · Recordkeeping$8,537

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

Recordkeeper by year2
2024Guideline
2023Guideline

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

Administrative cost history2
2024$9,442 · 1.55%
2023$5,145 · 1.16%
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Source: U.S. Department of Labor, Form 5500 series, EIN 862751245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.