Plan Ledger DOL Form 5500 · updated monthly

Kirby-Smith Machinery, Inc.401(k)

KIRBY-SMITH MACHINERY, INC. 401(K) PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Kirby-Smith Machinery, Inc. reported $68,082 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,624 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 3 years on file its reported administrative ratio has held roughly steady near 0.132%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 104th-largest of 724 plans among Oklahoma employers on file, and the 959th of 5,337 in construction. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 661 to 781 since 2022.

Plan summary
Net assets, end of year$56,290,171
Participants with balances776
Active participants781
Employer contributions$2,049,411
Employee contributions$5,181,859
Employer contribution per active participant$2,624
Average account balance$72,539
Benefits paid to participants$4,672,224
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$56.3M · 776 accts · $2.0M emplr
2023$46.8M · 750 accts · $1.9M emplr
2022$36.2M · 673 accts · $802K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,082
Total administrative$68,082
The Kirby-Smith Machinery, Inc. 401(k) match · 2024
Employer contribution per active participant$2,624
Median for plans this size$3,635
2024$2,624 per active participant
2023$2,495 per active participant
2022$1,214 per active participant

Kirby-Smith Machinery, Inc.'s 2024 employer contribution ran below the $3,635 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$108,097
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$19,120

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$68,082 · 0.13%
2023$57,510 · 0.14%
2022$53,936 · 0.13%
Same employer
Similar plansConstruction · Oklahoma
Cni Government, LLC OK$92.2M · 0.35%
Oil Capital Electric, LLC OK$20.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731119892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.