Plan Ledger DOL Form 5500 · updated monthly

Bution Holdco 1, LLC401(k)

ORS MEDCO 401K PLAN · TULSA, OK · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Bution Holdco 1, LLC reported $107,260 in plan administrative expenses for 2023: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,768 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 0.21% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 149th-largest of 724 plans among Oklahoma employers on file, and the 1,070th of 4,246 in wholesale trade. In 2023, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,768,955
Participants with balances900
Active participants764
Employer contributions$1,350,963
Employee contributions$3,314,892
Employer contribution per active participant$1,768
Average account balance$43,077
Benefits paid to participants$4,903,634
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$38.8M · 900 accts · $1.4M emplr
2022$33.5M · 953 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$60,581
Investment management$6,679
Total administrative$107,260
The Bution Holdco 1, LLC 401(k) match · 2023
Employer contribution per active participant$1,768
Median for plans this size$2,440
2023$1,768 per active participant
2022$1,398 per active participant

Bution Holdco 1, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$60,581
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting$40,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,679

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

Administrative cost history2
2023$107,260 · 0.30%
2022$75,899 · 0.21%
Same employer
Similar plansWholesale Trade · Oklahoma
Mtm Recognition Corporation OK$44.7M · 0.19%
Imagenet Consulting, LLC OK$41.0M · 0.24%
Ors Nasco, LLC OK$40.8M · 0.32%
Berendsen, Inc. OK$40.6M · 0.18%
Axh Holdings, LLC OK$25.5M · 0.03%
T & W Tire Company OK$25.0M · 0.44%
Apmex LLC OK$22.2M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 843109572 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.