Plan Ledger DOL Form 5500 · updated monthly

Choctaw Global, LLC401(k)

CHOCTAW GLOBAL LLC CONTRACTING RETIREMENT PLAN · DURANT, OK · plan year 2023

Reported admin expense ratio · 2023
0.74%

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

Choctaw Global, LLC reported $94,171 in plan administrative expenses for 2023: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $8,188 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 0.68% to 0.74%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 350th-largest of 724 plans among Oklahoma employers on file, and the 857th of 2,534 in administrative & support services. In 2023, the employer put in $1.20 for every $1.00 employees contributed themselves; active participation has shrunk from 317 to 152 since 2022.

Plan summary
Net assets, end of year$12,845,027
Participants with balances325
Active participants152
Employer contributions$1,244,588
Employee contributions$1,039,340
Employer contribution per active participant$8,188
Average account balance$39,523
Benefits paid to participants$3,934,313
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC, CPA
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 220 accts · $623K emplr
2023$12.8M · 325 accts · $1.2M emplr
2022$12.5M · 473 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$94,171
Total administrative$94,171
The Choctaw Global, LLC 401(k) match · 2023
Employer contribution per active participant$8,188
Median for plans this size$2,440
2024$21,495 per active participant
2023$8,188 per active participant
2022$4,510 per active participant

Choctaw Global, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$94,171
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect 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$81,761 · 0.74%
2023$94,171 · 0.74%
2022$96,112 · 0.68%
All plans at this employer2
CHOCTAW GLOBAL LLC RETIREMENT PLAN401(k)
CHOCTAW GLOBAL LLC CONTRACTING RETIREMENT PLAN401(k)
Same employer
Similar plansAdministrative & Support Services · Oklahoma
The Funk Companies OK$18.7M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822045993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.