Plan Ledger DOL Form 5500 · updated monthly

Miami Nation Enterprises401(k)

MIAMI NATION ENTERPRISES 401(K) PROFIT SHARING PLAN · MIAMI, OK · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Miami Nation Enterprises reported $53,025 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,494 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 0.47% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 308th-largest of 724 plans among Oklahoma employers on file, and 488th of 786 in management of companies. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,437,521
Participants with balances323
Active participants559
Employer contributions$835,277
Employee contributions$1,373,117
Employer contribution per active participant$1,494
Average account balance$47,794
Benefits paid to participants$2,320,175
Plan auditUnmodified (clean) audit opinion
AuditorOBER & LITTLEFIELD, CPA'S, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 323 accts · $835K emplr
2023$13.6M · 310 accts · $771K emplr
2022$6.0M · 332 accts · $535K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,025
Total administrative$53,025
The Miami Nation Enterprises 401(k) match · 2024
Employer contribution per active participant$1,494
Median for plans this size$2,416
2024$1,494 per active participant
2023$1,331 per active participant
2022$888 per active participant

Miami Nation Enterprises's 2024 employer contribution ran below the $2,416 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
USI CONSULTING GROUP · Contract administrator · Investment advisory (plan)$33,497
HUB INVESTMENT PARTNERS LLC · Investment advisory (plan)$32,990
CAPITAL GROUP RETIREMENT PLAN SERV$4,728

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$53,025 · 0.37%
2023$40,567 · 0.41%
2022$27,661 · 0.47%
Similar plansManagement of Companies · Oklahoma
Jrmb II, Inc. OK$30.3M · 0.17%
Ramsey Industries, Inc OK$18.9M · 0.16%
Kfm Enterprises, LLC OK$14.3M · 0.54%
Premier Parks, LLC OK$9.3M · 0.78%
Myers Bancshares, Inc. OK$1.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203030737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.