Plan Ledger DOL Form 5500 · updated monthly

Candid Color Systems, Inc.401(k)

CANDID COLOR SYSTEMS, INC. 401(K) PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2023

Reported admin expense ratio · 2023
0.46%

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

Candid Color Systems, Inc. reported $73,738 in plan administrative expenses for 2023: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $537 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 0.42% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other other services employers. By assets it is the 298th-largest of 724 plans among Oklahoma employers on file, and the 1,232nd of 3,341 in other services. In 2023, employees put in $3.36 for every $1.00 the employer contributed; active participation has shrunk from 205 to 179 since 2022.

Plan summary
Net assets, end of year$16,042,697
Participants with balances113
Active participants179
Employer contributions$96,103
Employee contributions$323,279
Employer contribution per active participant$537
Average account balance$141,971
Benefits paid to participants$1,814,770
Plan auditUnmodified (clean) audit opinion
AuditorFORRESTALL CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 111 accts · $103K emplr
2023$16.0M · 113 accts · $96K emplr
2022$15.8M · 106 accts · $49K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$52,899
Investment management$9,839
Audit (IQPA)$11,000
Total administrative$73,738
The Candid Color Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$537
Median for plans this size$2,440
2024$488 per active participant
2023$537 per active participant
2022$239 per active participant

Candid Color Systems, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20237
CANDID COLOR SYSTEMS INC · Accounting / audit$11,000
ONEDIGITAL INVESTMENT ADVISORS LLC$9,210
DEFINITI LLC · Contract administrator$3,966
EMPOWER ADVISORY GROUP, LLC · Investment management$629
MORGAN STANLEY INSURANCE SERVICES Iindirect comp
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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

Administrative cost history3
2024$73,880 · 0.46%
2023$73,738 · 0.46%
2022$79,360 · 0.42%
Similar plansOther Services · Oklahoma
Tulsa Community Foundation OK$31.5M · 0.31%
Abbott Industries, Inc. OK$15.8M · 0.55%
Limco-Piedmont, Inc. OK$15.5M · 0.50%
R.K. Black, Inc. OK$14.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730957985 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.