Plan Ledger DOL Form 5500 · updated monthly

Moore Sonic Management, Inc401(k)

MOORE SONIC MANAGEMENT, INC 401(K) PLAN · PAULS VALLEY, OK · plan year 2022

Reported admin expense ratio · 2022
2.43%

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

Moore Sonic Management, Inc reported $11,634 in plan administrative expenses for 2022: 2.43% of average plan assets, higher than ~75% of peers. Employer contributions averaged $241 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 rose from 0.53% to 2.43%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Oklahoma (705th of 724), and 1,890th of 2,240 in accommodation & food services. In 2022, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$535,772
Participants with balances38
Active participants443
Employer contributions$106,874
Employee contributions$185,711
Employer contribution per active participant$241
Average account balance$14,099
Benefits paid to participants$85,297
Plan auditUnmodified (clean) audit opinion
AuditorROSE ROCK CPAS, PLLC
Plan history2
Yearassets · accounts · employer contribution
2022$536K · 38 accts · $107K emplr
2020$79K · 30 accts · $29K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,634
Total administrative$11,634
The Moore Sonic Management, Inc 401(k) match · 2022
Employer contribution per active participant$241
Median for plans this size$331
2022$241 per active participant
2020$87 per active participant

Moore Sonic Management, Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2022$11,634 · 2.43%
2020$420 · 0.53%
Similar plansAccommodation & Food Services · Oklahoma
Urban Management, Inc. OK$1.1M · 1.22%
Kaw Nation OK$714K · 0.75%
Fine Management, LLC OK$155K · 1.71%
Watershed Hospitality OK$90K · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731602020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.