Plan Ledger DOL Form 5500 · updated monthly

R.K. Black, Inc.401(k)

R.K. BLACK, INC. RETIREMENT & SAVINGS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

R.K. Black, Inc. reported $50,493 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,936 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 0.44% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 321st-largest of 724 plans among Oklahoma employers on file, and the 1,326th of 3,341 in other services. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 103 to 123 since 2022.

Plan summary
Net assets, end of year$14,364,934
Participants with balances144
Active participants123
Employer contributions$484,113
Employee contributions$746,587
Employer contribution per active participant$3,936
Average account balance$99,756
Benefits paid to participants$236,476
Plan auditUnmodified (clean) audit opinion
AuditorWRIGHT, MCAFEE & CO. CPA
Plan history3
Yearassets · accounts · employer contribution
2024$14.4M · 144 accts · $484K emplr
2023$11.7M · 131 accts · $269K emplr
2022$9.8M · 133 accts · $289K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,332
Investment management$32,161
Total administrative$50,493
The R.K. Black, Inc. 401(k) match · 2024
Employer contribution per active participant$3,936
Median for plans this size$2,416
2024$3,936 per active participant
2023$2,612 per active participant
2022$2,803 per active participant

R.K. Black, 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
VISIONPOINT ADVISORY GROUP · Investment advisory (plan)$32,161
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,332

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$50,493 · 0.39%
2023$45,752 · 0.43%
2022$47,647 · 0.44%
Similar plansOther Services · Oklahoma
Candid Color Systems, Inc. OK$16.0M · 0.46%
Abbott Industries, Inc. OK$15.8M · 0.55%
Limco-Piedmont, Inc. OK$15.5M · 0.50%
Inceed, LLC OK$12.6M · 0.07%
Abbott Industries, Inc OK$11.5M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730674578 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.