Plan Ledger DOL Form 5500 · updated monthly

Elk Supply Company, LLC401(k)

ELK SUPPLY COMPANY 401(K) PROFIT SHARING PLAN · WEATHERFORD, OK · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Elk Supply Company, LLC reported $21,458 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,725 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 0.37% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Oklahoma (433rd of 724), and 2,920th of 5,215 in retail trade. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 134 to 166 since 2022.

Plan summary
Net assets, end of year$8,578,803
Participants with balances159
Active participants166
Employer contributions$286,416
Employee contributions$335,010
Employer contribution per active participant$1,725
Average account balance$53,955
Benefits paid to participants$148,032
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 159 accts · $286K emplr
2023$7.1M · 138 accts · $247K emplr
2022$5.8M · 127 accts · $197K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,458
Total administrative$21,458
The Elk Supply Company, LLC 401(k) match · 2024
Employer contribution per active participant$1,725
Median for plans this size$1,313
2024$1,725 per active participant
2023$1,963 per active participant
2022$1,471 per active participant

Elk Supply Company, LLC's 2024 employer contribution ran above the $1,313 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$7,689
TRISTAR PENSION LTD. · Contract administrator$4,287

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$21,458 · 0.27%
2023$19,459 · 0.30%
2022$23,657 · 0.37%
Same employer
Similar plansRetail Trade · Oklahoma
Express Credit Auto, LLC. OK$9.7M · 0.69%
John Vance Motors Inc. OK$7.3M · 0.78%
Oncue Marketing, LLC OK$6.7M · 1.97%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730605880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.