Plan Ledger DOL Form 5500 · updated monthly

James Baker Group Inc401(k)

JAMES BAKER GROUP, INC. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

James Baker Group Inc reported $164,307 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $15,560 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 0.30% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 75th-largest of 724 plans among Oklahoma employers on file, and the 1,247th of 4,798 in finance & insurance. In 2024, the employer put in $1.37 for every $1.00 employees contributed themselves; active participation has grown from 103 to 115 since 2022.

Plan summary
Net assets, end of year$74,212,967
Participants with balances151
Active participants115
Employer contributions$1,789,421
Employee contributions$1,303,872
Employer contribution per active participant$15,560
Average account balance$491,477
Benefits paid to participants$2,184,966
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$74.2M · 151 accts · $1.8M emplr
2023$65.7M · 149 accts · $3.1M emplr
2022$55.6M · 133 accts · $2.2M emplr
The James Baker Group Inc 401(k) match · 2024
Employer contribution per active participant$15,560
Median for plans this size$3,635
2024$15,560 per active participant
2023$25,255 per active participant
2022$21,633 per active participant

James Baker Group Inc's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20244
BAKER ASSET MANAGEMENT · Investment advisory (participants)$134,841
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,445
BISON CAPITAL ADVISORS, LLC · Consulting$7,994
NA · Consulting$4,285

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$164,307 · 0.23%
2023$188,992 · 0.31%
2022$178,071 · 0.30%
Same employer
Similar plansFinance & Insurance · Oklahoma
Bancfirst Corporation OK$270.0M · 0.07%
Tinker Federal Credit Union OK$89.8M · 0.10%
Gateway First Bank OK$75.5M · 0.25%
Oklahoma Farm Bureau Mutual OK$51.4M · 0.09%
Ttcu Federal Credit Union OK$49.3M · 0.02%
Armstrong Bank OK$48.5M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731402976 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.