Plan Ledger DOL Form 5500 · updated monthly

Ellsworth Construction, LLC401(k)

ELLSWORTH CONSTRUCTION 401(K) RETIREMENT PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
1.64%

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

Ellsworth Construction, LLC reported $27,390 in plan administrative expenses for 2024: 1.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,128 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 1.51% to 1.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (643rd of 724), and 4,851st of 5,337 in construction. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 137 to 155 since 2022.

Plan summary
Net assets, end of year$1,927,166
Participants with balances95
Active participants155
Employer contributions$174,782
Employee contributions$367,521
Employer contribution per active participant$1,128
Average account balance$20,286
Benefits paid to participants$189,032
Plan auditUnmodified (clean) audit opinion
AuditorCCK STRATEGIES
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 95 accts · $175K emplr
2023$1.4M · 83 accts · $120K emplr
2022$844K · 85 accts · $124K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,082
Investment management$308
Total administrative$27,390
The Ellsworth Construction, LLC 401(k) match · 2024
Employer contribution per active participant$1,128
Median for plans this size$1,313
2024$1,128 per active participant
2023$825 per active participant
2022$908 per active participant

Ellsworth Construction, LLC's 2024 employer contribution ran below 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,060
WILSHIRE ASSOCITES INC USA · Investment advisory (participants)$308

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$27,390 · 1.64%
2023$16,801 · 1.49%
2022$10,447 · 1.51%
Same employer
Similar plansConstruction · Oklahoma
Air Assurance Co. OK$3.1M · 0.98%
Garaga USA, Inc. OK$2.7M · 0.26%
T & G Construction, Inc. OK$2.7M · 0.56%
Delco Electric , Inc. OK$1.9M · 1.48%
Hammer Construction, Inc. OK$1.3M · 1.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201717097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.