Plan Ledger DOL Form 5500 · updated monthly

O.K. Foods, Inc.401(k)

RETIREMENT SAVINGS PLAN OF O. K. FOODS, INC. · FORT SMITH, AR · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

O.K. Foods, Inc. reported $128,038 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $504 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 0.28% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 91st-largest of 456 plans among Arkansas employers on file, and the 3,536th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,404,287
Participants with balances1,749
Active participants3,278
Employer contributions$1,653,242
Employee contributions$3,155,086
Employer contribution per active participant$504
Average account balance$24,245
Benefits paid to participants$6,797,518
Plan auditUnmodified (clean) audit opinion
AuditorFROST PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$42.4M · 1,749 accts · $1.7M emplr
2023$39.3M · 1,672 accts · $1.6M emplr
2022$34.4M · 1,713 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,038
Total administrative$128,038
The O.K. Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$504
Median for plans this size$2,416
2024$504 per active participant
2023$473 per active participant
2022$435 per active participant

O.K. Foods, Inc.'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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$176,247
SOWELL FINANCIAL SERVICES, LLC · Investment advisory (plan)$44,825

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
2023Securian

This plan has changed recordkeepers within these filings. If you left O.K. Foods, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$128,038 · 0.31%
2023$93,629 · 0.25%
2022$100,008 · 0.28%
Same employer
Similar plansManufacturing · Arkansas
Hytrol Conveyor Co., Inc. AR$65.2M · 0.49%
Pace Industries LLC AR$57.0M · 0.35%
Lomanco, Inc. AR$40.2M · 0.28%
Packaging Specialties, Inc. AR$31.3M · 0.50%
Radius Aerospace, Inc. AR$29.5M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710309661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.