Plan Ledger DOL Form 5500 · updated monthly

Partners Human Resources401(k)

PARTNERS HUMAN RESOURCES CO 401K AND PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2022

Reported admin expense ratio · 2022
0.84%

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

Partners Human Resources reported $128,916 in plan administrative expenses for 2022: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,051 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 1 year on file its reported administrative ratio fell from 0.84% to 0.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 351st-largest of 724 plans among Oklahoma employers on file, and 7,180th of 11,654 in professional & technical services. In 2022, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,706,101
Participants with balances255
Active participants104
Employer contributions$525,288
Employee contributions$961,882
Employer contribution per active participant$5,051
Average account balance$49,828
Benefits paid to participants$812,874
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIE CPA, INC.
Plan history2
Yearassets · accounts · employer contribution
2023$2.1M · 28 accts · $17K emplr
2022$12.7M · 255 accts · $525K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$109,474
Investment management$2,942
Professional / advisory$16,500
Total administrative$128,916
The Partners Human Resources 401(k) match · 2022
Employer contribution per active participant$5,051
Median for plans this size$2,266
2023$722 per active participant
2022$5,051 per active participant

Partners Human Resources's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$55,225 · 0.75%
2022$128,916 · 0.84%
Similar plansProfessional & Technical Services · Oklahoma
Cyntergy Aec LLC OK$15.4M · 0.49%
Hebco, Inc. OK$13.8M · 0.19%
Est, Inc. OK$12.7M · 0.74%
Public Strategies, Inc. OK$12.6M · 0.80%
Agio, Inc. OK$11.8M · 1.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731551361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.