Plan Ledger DOL Form 5500 · updated monthly

Don Thornton Automotive, LLC dba Lexus of Tulsa401(k)

DON THORNTON AUTOMOTIVE 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Don Thornton Automotive, LLC dba Lexus of Tulsa reported $75,244 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $737 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 0.36% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 283rd-largest of 724 plans among Oklahoma employers on file, and the 1,712th of 5,215 in retail trade. In 2024, employees put in $3.58 for every $1.00 the employer contributed; active participation has grown from 273 to 305 since 2022.

Plan summary
Net assets, end of year$17,025,601
Participants with balances165
Active participants305
Employer contributions$224,732
Employee contributions$804,609
Employer contribution per active participant$737
Average account balance$103,185
Benefits paid to participants$641,519
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 165 accts · $225K emplr
2023$14.5M · 164 accts · $212K emplr
2022$11.6M · 150 accts · $212K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130
Investment management$17,643
Trustee / custodial$57,471
Total administrative$75,244
The Don Thornton Automotive, LLC dba Lexus of Tulsa 401(k) match · 2024
Employer contribution per active participant$737
Median for plans this size$2,416
2024$737 per active participant
2023$776 per active participant
2022$775 per active participant

Don Thornton Automotive, LLC dba Lexus of Tulsa'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
THE TRUST COMPANY OF OKLAHOMA · Recordkeeping · Trustee$75,244

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

Recordkeeper by year2
2024THE TRUST COMPANY OF OKLAHOMA
2023THE TRUST COMPANY OF OKLAHOMA

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

Administrative cost history3
2024$75,244 · 0.48%
2023$57,670 · 0.44%
2022$46,121 · 0.36%
Same employer
Similar plansRetail Trade · Oklahoma
Pharmcare USA OK$23.1M · 0.31%
Fowler Holding Company, Inc OK$20.3M · 0.04%
J & D Acquisitions, Inc. OK$18.8M · 0.83%
Hudiburg Auto Group, Inc. OK$15.4M · 0.22%
Imperial, LLC OK$14.9M · 1.00%
Atwood Distributing, L.P. OK$14.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731587381 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.