Plan Ledger DOL Form 5500 · updated monthly

North Bay Associates, LLC401(k)

CHEYENNE 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

North Bay Associates, LLC reported $25,544 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,772 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 217th-largest of 724 plans among Oklahoma employers on file, and the 5,027th of 11,654 in professional & technical services. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$23,187,612
Participants with balances92
Active participants51
Employer contributions$855,358
Employee contributions$1,187,580
Employer contribution per active participant$16,772
Average account balance$252,039
Benefits paid to participants$5,381,376
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,544
Total administrative$25,544
The North Bay Associates, LLC 401(k) match · 2024
Employer contribution per active participant$16,772
Median for plans this size$2,416

North Bay Associates, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
MORGAN STANLEY · Investment advisory (plan)$42,036
MORNINGSTAR · Investment advisory (plan) · Investment advisory (participants)$3,644

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

Administrative cost history1
2024$25,544 · 0.11%
Similar plansProfessional & Technical Services · Oklahoma
Waterfield Technologies OK$33.8M · 0.32%
Cymstar, LLC OK$29.4M · 0.01%
Interworks, Inc. OK$23.9M · 0.54%
Spirit Human Resources, LLC OK$21.7M · 0.66%
Exodus HR, LLC OK$20.3M · 0.91%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920574866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.