Plan Ledger DOL Form 5500 · updated monthly

Jrmb II, Inc.401(k)

JRMB II, INC. 401(K) PLAN · LAWTON, OK · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Jrmb II, Inc. reported $49,409 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $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 0.21% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 178th-largest of 724 plans among Oklahoma employers on file, and the 363rd of 786 in management of companies. In 2024, employees put in $3.31 for every $1.00 the employer contributed; active participation has grown from 661 to 963 since 2022.

Plan summary
Net assets, end of year$30,326,591
Participants with balances841
Active participants963
Employer contributions$538,940
Employee contributions$1,782,713
Employer contribution per active participant$560
Average account balance$36,060
Benefits paid to participants$4,322,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.3M · 841 accts · $539K emplr
2023$27.7M · 823 accts · $508K emplr
2022$22.7M · 802 accts · $472K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,840
Investment management$17,569
Total administrative$49,409
The Jrmb II, Inc. 401(k) match · 2024
Employer contribution per active participant$560
Median for plans this size$2,416
2024$560 per active participant
2023$719 per active participant
2022$715 per active participant

Jrmb II, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$31,840
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,569

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$49,409 · 0.17%
2023$54,425 · 0.22%
2022$53,509 · 0.21%
Same employer
Similar plansManagement of Companies · Oklahoma
Lsb Industries, Inc. OK$60.3M · 0.08%
Mach Resources, LLC OK$48.6M · 0.20%
Sandridge Energy, Inc. OK$42.3M · 0.06%
Mabrey Bancorporation, Inc. OK$34.5M · 0.43%
Ramsey Industries, Inc OK$18.9M · 0.16%
Miami Nation Enterprises OK$15.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273629393 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.