Plan Ledger DOL Form 5500 · updated monthly

Careatc, Inc.401(k)

CAREATC, INC. 401(K) RETIREMENT SAVINGS PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Careatc, Inc. reported $64,150 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,099 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 3 years on file its reported administrative ratio has held roughly steady near 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 225th-largest of 724 plans among Oklahoma employers on file, and the 3,398th of 11,911 in health care & social assistance. In 2024, employees put in $4.24 for every $1.00 the employer contributed; active participation has grown from 498 to 710 since 2022.

Plan summary
Net assets, end of year$22,394,857
Participants with balances804
Active participants710
Employer contributions$780,000
Employee contributions$3,303,437
Employer contribution per active participant$1,099
Average account balance$27,854
Benefits paid to participants$3,489,740
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.4M · 804 accts · $780K emplr
2023$18.9M · 732 accts · $617K emplr
2022$17.6M · 669 accts · $660K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$64,150
Total administrative$64,150
The Careatc, Inc. 401(k) match · 2024
Employer contribution per active participant$1,099
Median for plans this size$2,416
2024$1,099 per active participant
2023$1,141 per active participant
2022$1,325 per active participant

Careatc, 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 · 20241
BOKF, NA · Custodial (securities) · Trustee$64,150

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$64,150 · 0.31%
2023$59,240 · 0.32%
2022$64,163 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Oklahoma
Variety Care, Inc. OK$28.5M · 0.44%
Lifeshare Network, Inc. OK$21.3M · 0.54%
Feed the Children, Inc. OK$18.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731598062 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.