Elmer Smith Oil Company401(k)

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

Elmer Smith Oil Company reported $72,105 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,141 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 0.78% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 322nd-largest of 724 plans among Oklahoma employers on file, and 7,290th of 13,661 in manufacturing. In 2024, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 144 to 189 since 2022.