Plan Ledger DOL Form 5500 · updated monthly

R & D Maintenance Services, Inc.401(k)

R & D MAINTENANCE SERVICES, INC. 401(K)PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

R & D Maintenance Services, Inc. reported $73,758 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,464 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 3 years on file its reported administrative ratio has held roughly steady near 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Oklahoma (448th of 724), and the 1,146th of 2,534 in administrative & support services. In 2024, the employer put in $1.22 for every $1.00 employees contributed themselves; active participation has grown from 179 to 202 since 2022.

Plan summary
Net assets, end of year$7,928,998
Participants with balances248
Active participants202
Employer contributions$497,640
Employee contributions$408,065
Employer contribution per active participant$2,464
Average account balance$31,972
Benefits paid to participants$1,099,542
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.9M · 248 accts · $498K emplr
2023$7.4M · 220 accts · $408K emplr
2022$6.8M · 205 accts · $377K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,747
Investment management$23,233
Audit (IQPA)$17,900
Total administrative$73,758
The R & D Maintenance Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,464
Median for plans this size$1,313
2024$2,464 per active participant
2023$2,266 per active participant
2022$2,107 per active participant

R & D Maintenance Services, Inc.'s 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FORVIS MAZARS WEALTH ADVISORS, LLC · Contract administrator · Investment advisory (plan)$23,233
HOGANTAYLOR, LLP · Accounting / audit$17,900
BKD, LLP · Contract administrator$11,651

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

Administrative cost history3
2024$73,758 · 0.96%
2023$71,717 · 1.01%
2022$66,865 · 0.93%
All plans at this employer2
R & D MAINTENANCE SERVICES, INC. 401(K)PLAN401(k)
R & D MAINTENANCE SERVICES, INC. 401(K)PLAN401(k)
Same employer
Similar plansAdministrative & Support Services · Oklahoma
Choctaw Global, LLC OK$12.8M · 0.74%
Weldon Parts, Inc. OK$4.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731098539 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.