Plan Ledger DOL Form 5500 · updated monthly

Compsouce Mutual Insurance Company401(k)

COMPSOURCE RETIREMENT SAVINGS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Compsouce Mutual Insurance Company reported $85,563 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $3,297 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 0.43% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 209th-largest of 724 plans among Oklahoma employers on file, and 2,707th of 4,798 in finance & insurance. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,922,896
Participants with balances393
Active participants286
Employer contributions$943,042
Employee contributions$1,854,212
Employer contribution per active participant$3,297
Average account balance$63,417
Benefits paid to participants$2,102,646
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.9M · 393 accts · $943K emplr
2023$21.1M · 399 accts · $901K emplr
2022$16.5M · 379 accts · $836K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,003
Investment management$7,560
Total administrative$85,563
The Compsouce Mutual Insurance Company 401(k) match · 2024
Employer contribution per active participant$3,297
Median for plans this size$2,416
2024$3,297 per active participant
2023$2,974 per active participant
2022$2,778 per active participant

Compsouce Mutual Insurance Company's 2024 employer contribution ran above the $2,416 median for plans its size. 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
HUB INVESTMENT PARTNERS LLC · Investment advisory (plan)$7,560

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$85,563 · 0.37%
2023$67,410 · 0.36%
2022$73,326 · 0.43%
Same employer
Similar plansFinance & Insurance · Oklahoma
Fnb Community Bank OK$23.5M · 0.28%
American Heritage Bank OK$22.4M · 0.09%
Vision Bank OK$21.8M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300641266 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.