Plan Ledger DOL Form 5500 · updated monthly

Park Management Company 403(B) Plan403(b)

PARK MANAGEMENT COMPANY 403(B) PLAN · OKLAHOMA CITY, OK · plan year 2022

Reported admin expense ratio · 2022
1.06%

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

Park Management Company 403(B) Plan reported $16,344 in plan administrative expenses for 2022: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $686 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Oklahoma (661st of 724), and 2,972nd of 3,341 in other services. In 2022, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,458,329
Participants with balances81
Active participants136
Employer contributions$93,269
Employee contributions$181,251
Employer contribution per active participant$686
Average account balance$18,004
Benefits paid to participants$249,507
Plan auditUnmodified (clean) audit opinion
AuditorGRAY, BLODGETT & COMPANY, PLLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$16,344
Total administrative$16,344
Employer contributions to the Park Management Company 403(B) Plan plan · 2022
Employer contribution per active participant$686
Median for plans this size$1,114

Park Management Company 403(B) Plan's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$16,344 · 1.06%
Similar plansOther Services · Oklahoma
Marilyn Ihloff, Inc. OK$3.3M · 0.11%
Seneca Cayuga Nation OK$2.8M · 0.75%
Pawnee Tribal Development OK$873K · 2.03%
Sbm Corporation OK$67K · 3.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811871658 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.