Plan Ledger DOL Form 5500 · updated monthly

Pre-Paid Legal Services, Inc.401(k)

PPLSI 401(K) PLAN · ADA, OK · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Pre-Paid Legal Services, Inc. reported $74,694 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,833 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 0.27% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 125th-largest of 724 plans among Oklahoma employers on file, and the 2,941st of 11,654 in professional & technical services. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has shrunk from 681 to 593 since 2022.

Plan summary
Net assets, end of year$45,985,462
Participants with balances682
Active participants593
Employer contributions$2,273,259
Employee contributions$3,342,030
Employer contribution per active participant$3,833
Average account balance$67,427
Benefits paid to participants$5,863,346
Plan auditUnmodified (clean) audit opinion
AuditorSCHMIDTLEIN & ASSOCIATES,CPA'S, P.A
Plan history3
Yearassets · accounts · employer contribution
2024$46.0M · 682 accts · $2.3M emplr
2023$40.8M · 733 accts · $2.1M emplr
2022$33.2M · 765 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,408
Trustee / custodial$17,286
Total administrative$74,694
The Pre-Paid Legal Services, Inc. 401(k) match · 2024
Employer contribution per active participant$3,833
Median for plans this size$2,416
2024$3,833 per active participant
2023$3,416 per active participant
2022$2,769 per active participant

Pre-Paid Legal Services, Inc.'s 2024 employer contribution ran above 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 · 20242
NEWPORT GROUP, INC. · Recordkeeping$57,408
NEWPORT TRUST COMPANY · Trustee$17,286

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,694 · 0.17%
2023$80,862 · 0.22%
2022$95,639 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Oklahoma
Hogantaylor LLP OK$72.9M · 0.05%
Metrea Management LLC OK$56.7M · 5.34%
Express Services, Inc. OK$44.9M · 0.17%
Phillips Murrah, P.C. OK$44.5M · 0.22%
C.H. Guernsey & Company OK$39.8M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731016728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.