Plan Ledger DOL Form 5500 · updated monthly

Choctaw Nation of Oklahoma401(k)

CHOCTAW NATION OF OKLAHOMA THRIFT PLAN · DURANT, OK · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Choctaw Nation of Oklahoma reported $390,560 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $1,941 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 0.08% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 23rd-largest of 724 plans among Oklahoma employers on file, and the 37th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$424,722,157
Participants with balances12,921
Active participants13,025
Employer contributions$25,280,333
Employee contributions$36,574,238
Employer contribution per active participant$1,941
Average account balance$32,871
Benefits paid to participants$36,256,048
Plan auditDisclaimer of opinion
AuditorROSE ROCK CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$424.7M · 12,921 accts · $25.3M emplr
2023$359.2M · 12,060 accts · $21.2M emplr
2022$290.4M · 12,070 accts · $17.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$322,237
Audit (IQPA)$19,000
Total administrative$390,560
The Choctaw Nation of Oklahoma 401(k) match · 2024
Employer contribution per active participant$1,941
Median for plans this size$4,294
2024$1,941 per active participant
2023$1,660 per active participant
2022$1,377 per active participant

Choctaw Nation of Oklahoma's 2024 employer contribution ran below the $4,294 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 · 20242
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$322,237
ROSE ROCK CPAS, PLLC · Accounting / audit$19,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$390,560 · 0.10%
2023$538,610 · 0.17%
2022$249,539 · 0.08%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
Devon Energy Corporation OK$1.1B · 0.05%
Helmerich & Payne, Inc. OK$844.3M · 0.13%
Alliance Coal, LLC OK$638.9M · 0.10%
Continental Resources, Inc. OK$389.7M · 0.00%
Cactus Drilling Company, LLC OK$122.9M · 0.05%
Vital Energy, Inc. OK$64.3M · 0.05%
Unit Corporation OK$60.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730717979 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.