Plan Ledger DOL Form 5500 · updated monthly

P & K Equipment, Inc401(k)

P & K 401(K) PLAN · ENID, OK · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

P & K Equipment, Inc reported $78,279 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $2,143 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 0.15% to 0.18%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 126th-largest of 724 plans among Oklahoma employers on file, and the 918th of 4,246 in wholesale trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,307,425
Participants with balances596
Active participants726
Employer contributions$1,555,492
Employee contributions$2,922,366
Employer contribution per active participant$2,143
Average account balance$76,019
Benefits paid to participants$4,408,172
Plan auditUnmodified (clean) audit opinion
AuditorEQUIPMENT DEALER CONSULTING, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$45.3M · 596 accts · $1.6M emplr
2023$39.9M · 619 accts · $1.5M emplr
2022$32.7M · 631 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,375
Investment management$43,829
Total administrative$78,279
The P & K Equipment, Inc 401(k) match · 2024
Employer contribution per active participant$2,143
Median for plans this size$2,416
2024$2,143 per active participant
2023$2,174 per active participant
2022$1,932 per active participant

P & K Equipment, Inc'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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$43,305
INTRUST BANK N.A.indirect comp
ERISA SERVICES MIDWEST, LLC · Other servicesindirect comp

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$78,279 · 0.18%
2023$55,108 · 0.15%
2022$53,692 · 0.15%
Same employer
Similar plansWholesale Trade · Oklahoma
Axh Air-Coolers, LLC OK$49.3M · 0.06%
Jasco Products Company LLC OK$49.0M · 0.31%
Fabricut, Inc. OK$44.8M · 0.12%
Mtm Recognition Corporation OK$44.7M · 0.19%
Imagenet Consulting, LLC OK$41.0M · 0.24%
Ors Nasco, LLC OK$40.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731259841 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.