Plan Ledger DOL Form 5500 · updated monthly

Buffalo Land Abstract Company, Inc.401(k) + ESOP (KSOP)

BUFFALO LAND RETIREMENT PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Buffalo Land Abstract Company, Inc. reported $21,420 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $1,228 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 0.04% to 0.25%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Oklahoma (425th of 724), and 1,189th of 2,096 in real estate & leasing. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,900,545
Participants with balances169
Active participants159
Employer contributions$195,249
Employee contributions$407,538
Employer contribution per active participant$1,228
Average account balance$52,666
Benefits paid to participants$812,955
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 169 accts · $195K emplr
2023$8.2M · 171 accts · $254K emplr
2022$7.2M · 174 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,652
Investment management$7,749
Total administrative$21,420
The Buffalo Land Abstract Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,228
Median for plans this size$1,313
2024$1,228 per active participant
2023$1,533 per active participant
2022$1,547 per active participant

Buffalo Land Abstract Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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
JOHN HANCOCK LIFE INSURANCE CO. USA · Recordkeeping · Investment management$18,295
PENSION SOLUTIONS, INC. · Contract administrator · Pension consulting$3,125

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$21,420 · 0.25%
2023$5,240 · 0.07%
2022$3,746 · 0.04%
Similar plansReal Estate & Leasing · Oklahoma
Coates Field Service, Inc. OK$16.3M · 0.64%
Price Edwards & Company OK$15.3M · 0.51%
Allfirst, LLC OK$11.2M · 0.12%
Robinson Park, LLC OK$9.3M · 0.03%
Ksw Oilfield Rental, LLC OK$4.2M · 1.18%
Dme Express, LLC OK$1.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731458325 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.