Plan Ledger DOL Form 5500 · updated monthly

Pharmcare USA401(k)

EMPLOYEE SERVICES, INC. 401(K) PLAN · HYDRO, OK · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Pharmcare USA reported $66,969 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,046 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 4 years on file its reported administrative ratio rose from 0.22% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 219th-largest of 724 plans among Oklahoma employers on file, and the 1,300th of 5,215 in retail trade. In 2024, employees put in $3.69 for every $1.00 the employer contributed; active participation has grown from 293 to 535 since 2020.

Plan summary
Net assets, end of year$23,095,157
Participants with balances553
Active participants535
Employer contributions$559,740
Employee contributions$2,064,081
Employer contribution per active participant$1,046
Average account balance$41,763
Benefits paid to participants$2,448,746
Plan auditUnmodified (clean) audit opinion
AuditorFINLEY AND COOK
Plan history5
Yearassets · accounts · employer contribution
2024$23.1M · 553 accts · $560K emplr
2023$19.9M · 499 accts · $463K emplr
2022$16.0M · 409 accts · $436K emplr
2021$18.0M · 372 accts · $363K emplr
2020$14.9M · 334 accts · $332K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,832
Investment management$50,137
Total administrative$66,969
The Pharmcare USA 401(k) match · 2024
Employer contribution per active participant$1,046
Median for plans this size$2,416
2024$1,046 per active participant
2023$959 per active participant
2022$1,041 per active participant
2021$1,132 per active participant
2020$1,133 per active participant

Pharmcare USA's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
EDWARD JONES · Recordkeeping · Trustee$50,137
ADP, INC. · Loan processing · Recordkeeping$16,832

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Edward Jones
2023ADP, Edward Jones

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Administrative cost history5
2024$66,969 · 0.31%
2023$52,938 · 0.30%
2022$50,203 · 0.30%
2021$46,928 · 0.28%
2020$30,569 · 0.22%
Same employer
Similar plansRetail Trade · Oklahoma
Hac, Inc. OK$28.0M · 0.53%
Eskridge Auto Group, Inc. OK$27.7M · 0.23%
Name Brands, Inc. OK$25.0M · 0.01%
Fowler Holding Company, Inc OK$20.3M · 0.04%
J & D Acquisitions, Inc. OK$18.8M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731602134 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.