Plan Ledger DOL Form 5500 · updated monthly

North Oklahoma County Mental Health Center403(b)

NORTH OKLAHOMA COUNTY MENTAL HEALTH CENTER 403(B) TAX SHELTERED ANNUITY PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

North Oklahoma County Mental Health Center reported $8,202 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,936 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 0.30% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 290th-largest of 724 plans among Oklahoma employers on file, and the 4,206th of 11,911 in health care & social assistance. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,504,844
Participants with balances404
Active participants351
Employer contributions$679,577
Employee contributions$818,657
Employer contribution per active participant$1,936
Average account balance$40,854
Benefits paid to participants$812,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.5M · 404 accts · $680K emplr
2023$13.5M · 396 accts · $662K emplr
2022$11.2M · 403 accts · $679K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,202
Total administrative$8,202
Employer contributions to the North Oklahoma County Mental Health Center plan · 2024
Employer contribution per active participant$1,936
Median for plans this size$2,416
2024$1,936 per active participant
2023$2,164 per active participant
2022$1,908 per active participant

North Oklahoma County Mental Health Center'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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$8,202

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$8,202 · 0.05%
2023$16,121 · 0.13%
2022$37,222 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Oklahoma
Feed the Children, Inc. OK$18.8M · 0.34%
Valir Health, LLC OK$18.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731134098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.