Plan Ledger DOL Form 5500 · updated monthly

Mitchell Consulting Services G401(k)

MITCHELL CONSULTING SERVICES G 401(K) PROFIT SHARING PLAN & TRUST · OKLAHOMA CITY, OK · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Mitchell Consulting Services G reported $31,243 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,340 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 1 year on file its reported administrative ratio fell from 0.38% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Oklahoma (368th of 724), and the 925th of 2,534 in administrative & support services. In 2023, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,503,468
Participants with balances339
Active participants412
Employer contributions$964,253
Employee contributions$2,098,901
Employer contribution per active participant$2,340
Average account balance$33,934
Benefits paid to participants$780,609
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$11.5M · 339 accts · $964K emplr
2022$7.2M · 294 accts · $566K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,811
Investment management$9,452
Trustee / custodial$980
Total administrative$31,243
The Mitchell Consulting Services G 401(k) match · 2023
Employer contribution per active participant$2,340
Median for plans this size$1,308
2023$2,340 per active participant
2022$1,443 per active participant

Mitchell Consulting Services G's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LPL FINANCIAL · Investment advisory (participants) · Investment advisory (plan)$15,250
LEVELIZED COMPENSATION ADVISOR · Investment advisory (participants) · Investment advisory (plan)$9,137

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$31,243 · 0.33%
2022$26,579 · 0.38%
Same employer
Similar plansAdministrative & Support Services · Oklahoma
The Funk Companies OK$18.7M · 0.54%
Choctaw Global, LLC OK$12.8M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810672898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.