Plan Ledger DOL Form 5500 · updated monthly

Medley Material Handling, Inc.401(k)

MEDLEY MATERIAL HANDLING, INC. EMPLOYEES' 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Medley Material Handling, Inc. reported $29,321 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $1,215 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 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Oklahoma (480th of 724), and 2,002nd of 3,341 in other services. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,092,264
Participants with balances179
Active participants269
Employer contributions$326,849
Employee contributions$599,006
Employer contribution per active participant$1,215
Average account balance$39,622
Benefits paid to participants$1,487,805
Plan auditUnmodified (clean) audit opinion
AuditorSMITH CARNEY AND CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.1M · 179 accts · $327K emplr
2023$6.6M · 148 accts · $313K emplr
2022$5.3M · 149 accts · $288K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,489
Investment management$3,832
Total administrative$29,321
The Medley Material Handling, Inc. 401(k) match · 2024
Employer contribution per active participant$1,215
Median for plans this size$1,313
2024$1,215 per active participant
2023$1,139 per active participant
2022$997 per active participant

Medley Material Handling, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$5,273
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,216
ADP BROKER-DEALER · Other servicesindirect comp

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$29,321 · 0.43%
2023$23,402 · 0.39%
2022$21,427 · 0.41%
Similar plansOther Services · Oklahoma
Eastern Shawnee Tribe OK$8.5M · 0.93%
Advantage Controls LLC OK$7.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730614215 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.