Plan Ledger DOL Form 5500 · updated monthly

Claims Management Resources, Inc.401(k)

CMR 401(K)/PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Claims Management Resources, Inc. reported $45,313 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,303 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 fell from 0.48% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Oklahoma (377th of 724), and the 944th of 2,534 in administrative & support services. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,097,970
Participants with balances274
Active participants226
Employer contributions$294,385
Employee contributions$692,211
Employer contribution per active participant$1,303
Average account balance$40,504
Benefits paid to participants$573,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 274 accts · $294K emplr
2023$9.6M · 255 accts · $273K emplr
2022$8.2M · 250 accts · $237K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,888
Investment management$8,651
Trustee / custodial$5,344
Total administrative$45,313
The Claims Management Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$1,303
Median for plans this size$2,416
2024$1,303 per active participant
2023$1,286 per active participant
2022$1,128 per active participant

Claims Management Resources, 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$45,313

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$45,313 · 0.44%
2023$41,100 · 0.46%
2022$41,819 · 0.48%
Same employer
Similar plansAdministrative & Support Services · Oklahoma
The Funk Companies OK$18.7M · 0.54%
Choctaw Global, LLC OK$12.8M · 0.74%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731399656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.