Plan Ledger DOL Form 5500 · updated monthly

Broken Arrow Electric Supply Co., Inc.401(k)

BROKEN ARROW ELECTRIC SUPPLY CO., INC. 401(K) PLAN · BROKEN ARROW, OK · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Broken Arrow Electric Supply Co., Inc. reported $50,673 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $844 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 0.32% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 263rd-largest of 724 plans among Oklahoma employers on file, and the 1,993rd of 4,246 in wholesale trade. In 2024, employees put in $5.35 for every $1.00 the employer contributed; active participation has grown from 136 to 165 since 2022.

Plan summary
Net assets, end of year$18,867,644
Participants with balances130
Active participants165
Employer contributions$139,179
Employee contributions$744,043
Employer contribution per active participant$844
Average account balance$145,136
Benefits paid to participants$399,673
Plan auditUnmodified (clean) audit opinion
AuditorCCK STRATEGIES
Plan history3
Yearassets · accounts · employer contribution
2024$18.9M · 130 accts · $139K emplr
2023$16.5M · 124 accts · $128K emplr
2022$15.2M · 120 accts · $117K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,547
Investment management$32,943
Trustee / custodial$14,183
Total administrative$50,673
The Broken Arrow Electric Supply Co., Inc. 401(k) match · 2024
Employer contribution per active participant$844
Median for plans this size$2,416
2024$844 per active participant
2023$834 per active participant
2022$859 per active participant

Broken Arrow Electric Supply Co., Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee$17,178
MARINER, LLC · Investment advisory (plan)$30,003

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$50,673 · 0.29%
2023$46,401 · 0.29%
2022$45,213 · 0.32%
Same employer
Similar plansWholesale Trade · Oklahoma
Axh Holdings, LLC OK$25.5M · 0.03%
T & W Tire Company OK$25.0M · 0.44%
Apmex LLC OK$22.2M · 0.08%
Orange Power Group, LLC OK$16.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731125804 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.