Plan Ledger DOL Form 5500 · updated monthly

Brainerd Chemical Co., Inc.401(k)

BRAINERD CHEMICAL 401(K) RETIREMENT PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Brainerd Chemical Co., Inc. reported $37,026 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $3,111 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 0.44% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oklahoma (444th of 724), and 3,206th of 4,246 in wholesale trade. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,044,426
Participants with balances103
Active participants93
Employer contributions$289,293
Employee contributions$533,846
Employer contribution per active participant$3,111
Average account balance$78,101
Benefits paid to participants$349,572
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 103 accts · $289K emplr
2023$6.5M · 100 accts · $285K emplr
2022$6.2M · 110 accts · $265K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,544
Investment management$3,802
Trustee / custodial$30,680
Total administrative$37,026
The Brainerd Chemical Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,111
Median for plans this size$1,313
2024$3,111 per active participant
2023$3,271 per active participant
2022$2,885 per active participant

Brainerd Chemical Co., 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 · 20241
THE TRUST COMPANY OF OKLAHOMA · Recordkeeping · Trustee$37,026

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

Recordkeeper by year2
2024THE TRUST COMPANY OF OKLAHOMA
2023THE TRUST COMPANY OF OKLAHOMA

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

Administrative cost history3
2024$37,026 · 0.51%
2023$31,179 · 0.49%
2022$29,600 · 0.44%
Similar plansWholesale Trade · Oklahoma
Utility Tri-State, Inc. OK$10.3M · 0.09%
Hunzicker Brothers, Inc. OK$10.2M · 0.22%
Aberdeen Dynamics, LLC OK$9.9M · 0.01%
Nonni's Foods, LLC OK$9.0M · 0.03%
Capital Distributing, LLC OK$7.2M · 0.76%
Parallel AG. OK$7.1M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731441533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.