Plan Ledger DOL Form 5500 · updated monthly

Ou Medicine, Inc.401(k)

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

Reported admin expense ratio · 2024
0.12%

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

Ou Medicine, Inc. reported $664,243 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $3,565 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 0.15% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 16th-largest of 724 plans among Oklahoma employers on file, and the 295th of 11,911 in health care & social assistance. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 8,170 to 9,546 since 2022.

Plan summary
Net assets, end of year$591,511,958
Participants with balances10,881
Active participants9,546
Employer contributions$34,032,433
Employee contributions$52,546,305
Employer contribution per active participant$3,565
Average account balance$54,362
Benefits paid to participants$51,249,115
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$591.5M · 10,881 accts · $34.0M emplr
2023$475.1M · 9,640 accts · $22.3M emplr
2022$376.0M · 9,092 accts · $29.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$494,256
Investment management$169,987
Total administrative$664,243
The Ou Medicine, Inc. 401(k) match · 2024
Employer contribution per active participant$3,565
Median for plans this size$4,294
2024$3,565 per active participant
2023$2,617 per active participant
2022$3,552 per active participant

Ou Medicine, Inc.'s 2024 employer contribution ran below the $4,294 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$495,370
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$169,987

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$664,243 · 0.12%
2023$589,258 · 0.14%
2022$561,329 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Oklahoma
Integris Health, Inc. OK$1.1B · 0.04%
Oklahoma Heart Hospital LLC OK$340.0M · 0.04%
McBride Clinic, Inc. OK$117.4M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 821883948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.