Plan Ledger DOL Form 5500 · updated monthly

Oge Energy Corp.401(k) + ESOP (KSOP)

OGE ENERGY CORP. ESOP & RETIREMENT SAVINGS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Oge Energy Corp. reported $347,048 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $9,521 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 0.04% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other management of companies employers. By assets it is the 11th-largest of 724 plans among Oklahoma employers on file, and the 54th of 786 in management of companies. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$834,143,299
Participants with balances3,327
Active participants2,284
Employer contributions$21,746,437
Employee contributions$30,392,304
Employer contribution per active participant$9,521
Average account balance$250,719
Benefits paid to participants$61,111,926
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$834.1M · 3,327 accts · $21.7M emplr
2023$706.2M · 3,371 accts · $18.9M emplr
2022$633.0M · 3,313 accts · $16.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,702
Investment management$299,346
Total administrative$347,048
The Oge Energy Corp. 401(k) match · 2024
Employer contribution per active participant$9,521
Median for plans this size$4,294
2024$9,521 per active participant
2023$7,959 per active participant
2022$7,506 per active participant

Oge Energy Corp.'s 2024 employer contribution ran above the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$299,346
FIDELITY INVESTMENTS INSTITUTIONAL · Trustee · Loan processing$47,767

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$347,048 · 0.05%
2023$314,197 · 0.05%
2022$302,435 · 0.04%
Same employer
Similar plansManagement of Companies · Oklahoma
Midfirst Bank OK$485.6M · 0.11%
Diamondback E & P LLC OK$250.7M · 0.08%
Schusterman Interests, LLC OK$172.5M · 0.01%
Lsb Industries, Inc. OK$60.3M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731481638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.