Plan Ledger DOL Form 5500 · updated monthly

Long Wave, Inc.401(k)

LONG WAVE, INC. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2022

Reported admin expense ratio · 2022
0.69%

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

Long Wave, Inc. reported $43,175 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $591 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oklahoma (537th of 724), and 9,693rd of 11,654 in professional & technical services. In 2022, employees put in $8.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,283,179
Participants with balances89
Active participants105
Employer contributions$62,099
Employee contributions$526,304
Employer contribution per active participant$591
Average account balance$59,362
Benefits paid to participants$1,449,555
Plan auditUnmodified (clean) audit opinion
AuditorHOGAN TAYLOR
The Long Wave, Inc. 401(k) match · 2022
Employer contribution per active participant$591
Median for plans this size$1,114

Long Wave, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$43,175 · 0.69%
Same employer
Similar plansProfessional & Technical Services · Oklahoma
Altamira-Us, LLC OK$5.9M · 1.10%
Crown Energy Company OK$5.6M · 0.79%
Objectstream, Inc. OK$4.7M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752619522 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.