Plan Ledger DOL Form 5500 · updated monthly

Mtm Recognition Corporation401(k)

MTM RECOGNITION CORPORATION 401(K) PLAN · DEL CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Mtm Recognition Corporation reported $82,381 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $690 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 0.192%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 131st-largest of 724 plans among Oklahoma employers on file, and the 926th of 4,246 in wholesale trade. In 2024, employees put in $6.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,722,781
Participants with balances424
Active participants393
Employer contributions$271,069
Employee contributions$1,648,268
Employer contribution per active participant$690
Average account balance$105,478
Benefits paid to participants$3,552,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.7M · 424 accts · $271K emplr
2023$40.9M · 450 accts · $246K emplr
2022$35.3M · 416 accts · $131K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,864
Investment management$300
Trustee / custodial$2,481
Total administrative$82,381
The Mtm Recognition Corporation 401(k) match · 2024
Employer contribution per active participant$690
Median for plans this size$2,416
2024$690 per active participant
2023$604 per active participant
2022$328 per active participant

Mtm Recognition Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BOKF, NA · Custodial (securities) · Trustee$82,381

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$82,381 · 0.19%
2023$72,113 · 0.19%
2022$78,188 · 0.19%
Same employer
Similar plansWholesale Trade · Oklahoma
Axh Air-Coolers, LLC OK$49.3M · 0.06%
Jasco Products Company LLC OK$49.0M · 0.31%
P & K Equipment, Inc OK$45.3M · 0.18%
Fabricut, Inc. OK$44.8M · 0.12%
Imagenet Consulting, LLC OK$41.0M · 0.24%
Ors Nasco, LLC OK$40.8M · 0.32%
Berendsen, Inc. OK$40.6M · 0.18%
Bution Holdco 1, LLC OK$38.8M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731078841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.