Plan Ledger DOL Form 5500 · updated monthly

Preferred Management Corporation401(k)

PREFERRED MANAGEMENT CORPORATION RETIREMENT SAVINGS PLAN · SHAWNEE, OK · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Preferred Management Corporation reported $17,103 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $154 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 0.12% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 259th-largest of 724 plans among Oklahoma employers on file, and the 3,804th of 11,911 in health care & social assistance. In 2024, employees put in $21.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,145,420
Participants with balances554
Active participants569
Employer contributions$87,832
Employee contributions$1,856,398
Employer contribution per active participant$154
Average account balance$34,559
Benefits paid to participants$1,653,576
Plan auditUnmodified (clean) audit opinion
AuditorDWC
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 554 accts · $88K emplr
2023$16.7M · 543 accts · $84K emplr
2022$13.5M · 535 accts · $86K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,103
Total administrative$17,103
The Preferred Management Corporation 401(k) match · 2024
Employer contribution per active participant$154
Median for plans this size$2,416
2024$154 per active participant
2023$132 per active participant
2022$142 per active participant

Preferred Management Corporation'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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$263,559
PREFERRED MANAGEMENT CORP. · Claims processing · Recordkeeping$154,418

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

Recordkeeper by year2
2024PREFERRED MANAGEMENT CORP., The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Preferred Management Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$17,103 · 0.10%
2023$13,895 · 0.09%
2022$17,391 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Oklahoma
Careatc, Inc. OK$22.4M · 0.31%
Lifeshare Network, Inc. OK$21.3M · 0.54%
Feed the Children, Inc. OK$18.8M · 0.34%
Valir Health, LLC OK$18.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731312311 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.