Plan Ledger DOL Form 5500 · updated monthly

Okland Management Corporation401(k)

OKLAND 401K PROFIT SHARING PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Okland Management Corporation reported $107,778 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $5,798 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 0.03% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 51st-largest of 848 plans among Utah employers on file, and the 452nd of 5,337 in construction. In 2024, employees put in $1.25 for every $1.00 the employer contributed; active participation has grown from 763 to 1,115 since 2022.

Plan summary
Net assets, end of year$147,348,614
Participants with balances1,477
Active participants1,115
Employer contributions$6,464,925
Employee contributions$8,108,885
Employer contribution per active participant$5,798
Average account balance$99,762
Benefits paid to participants$14,281,308
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE & COMPANY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$147.3M · 1,477 accts · $6.5M emplr
2023$127.1M · 1,251 accts · $5.1M emplr
2022$100.8M · 1,131 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,058
Investment management$50,720
Total administrative$107,778
The Okland Management Corporation 401(k) match · 2024
Employer contribution per active participant$5,798
Median for plans this size$3,635
2024$5,798 per active participant
2023$5,196 per active participant
2022$6,016 per active participant

Okland Management Corporation's 2024 employer contribution ran above the $3,635 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$141,708
NAVIGATE FINANCIAL · Investment advisory (plan)$50,720

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 Okland Management Corporation 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$107,778 · 0.08%
2023$57,873 · 0.05%
2022$27,775 · 0.03%
Same employer
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Big-D Corporation UT$113.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200582832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.