Plan Ledger DOL Form 5500 · updated monthly

Mathis Bros. Oklahoma City, LLC401(k)

MATHIS BROTHERS 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Mathis Bros. Oklahoma City, LLC reported $224,006 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $363 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 0.42% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 81st-largest of 724 plans among Oklahoma employers on file, and the 519th of 5,215 in retail trade. In 2024, employees put in $7.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,848,437
Participants with balances2,153
Active participants2,322
Employer contributions$843,669
Employee contributions$6,122,064
Employer contribution per active participant$363
Average account balance$31,513
Benefits paid to participants$8,066,724
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.8M · 2,153 accts · $844K emplr
2023$60.5M · 2,537 accts · $1.2M emplr
2022$50.8M · 2,042 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$114,406
Investment management$88,600
Audit (IQPA)$21,000
Total administrative$224,006
The Mathis Bros. Oklahoma City, LLC 401(k) match · 2024
Employer contribution per active participant$363
Median for plans this size$3,635
2024$363 per active participant
2023$460 per active participant
2022$479 per active participant

Mathis Bros. Oklahoma City, LLC's 2024 employer contribution ran below the $3,635 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 · 20246
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$41,192
WEALTH ADVISORY SERVICES, LLC · Investment advisory (plan)$30,752
EMPLOYEE BENEFITS GROUP, LLC · Contract administrator$25,000
GRANT THORNTON LLP · Accounting / audit$21,000
EMPOWER ADVISORY GROUP · Investment management$16,656

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$224,006 · 0.35%
2023$241,167 · 0.43%
2022$230,534 · 0.42%
Same employer
Similar plansRetail Trade · Oklahoma
Hobby Lobby Stores, Inc. OK$668.6M · 0.06%
W.H. Braum, Inc. OK$55.2M · 0.10%
Crest Discount Foods, Inc. OK$54.1M · 0.33%
Western Equipment, LLC OK$52.4M · 0.25%
Bob Moore Auto Group, LLC OK$46.0M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200509563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.