Plan Ledger DOL Form 5500 · updated monthly

McBride Clinic, Inc.401(k)

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF MCBRIDE ORTHOPEDIC HOSPITAL · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

McBride Clinic, Inc. reported $53,114 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,184 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 0.052% to 0.048%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 50th-largest of 724 plans among Oklahoma employers on file, and the 960th of 11,911 in health care & social assistance. In 2024, employees put in $1.44 for every $1.00 the employer contributed; active participation has grown from 825 to 918 since 2022.

Plan summary
Net assets, end of year$117,382,140
Participants with balances879
Active participants918
Employer contributions$2,923,173
Employee contributions$4,219,965
Employer contribution per active participant$3,184
Average account balance$133,541
Benefits paid to participants$9,899,418
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.4M · 879 accts · $2.9M emplr
2023$106.1M · 848 accts · $3.0M emplr
2022$90.9M · 814 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,114
Total administrative$53,114
The McBride Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$3,184
Median for plans this size$3,635
2024$3,184 per active participant
2023$3,534 per active participant
2022$3,178 per active participant

McBride Clinic, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,114

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$53,114 · 0.05%
2023$46,489 · 0.05%
2022$50,648 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Oklahoma
Integris Health, Inc. OK$1.1B · 0.04%
Ou Medicine, Inc. OK$591.5M · 0.12%
Oklahoma Heart Hospital LLC OK$340.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730714291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.