Plan Ledger DOL Form 5500 · updated monthly

Regent Bank401(k)

REGENT BANK 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Regent Bank reported $84,196 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,256 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 rose from 0.51% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 295th-largest of 724 plans among Oklahoma employers on file, and 3,371st of 4,798 in finance & insurance. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 178 to 211 since 2022.

Plan summary
Net assets, end of year$16,326,835
Participants with balances242
Active participants211
Employer contributions$898,004
Employee contributions$1,372,132
Employer contribution per active participant$4,256
Average account balance$67,466
Benefits paid to participants$1,278,500
Plan auditQualified audit opinion
AuditorSTEVE BOWMAN
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 242 accts · $898K emplr
2023$13.1M · 222 accts · $829K emplr
2022$9.7M · 204 accts · $684K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,196
Total administrative$84,196
The Regent Bank 401(k) match · 2024
Employer contribution per active participant$4,256
Median for plans this size$2,416
2024$4,256 per active participant
2023$4,386 per active participant
2022$3,843 per active participant

Regent Bank's 2024 employer contribution ran above the $2,416 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$84,196
MML INVESTORS SERVICES LLC · Other servicesindirect comp
MML INSURANCE AGENCY LLC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$84,196 · 0.57%
2023$63,410 · 0.56%
2022$50,337 · 0.51%
Same employer
Similar plansFinance & Insurance · Oklahoma
Firstar Financial Corp. OK$18.9M · 0.07%
First Oklahoma Bank OK$17.8M · 0.56%
The Bank, N.A. OK$17.0M · 0.01%
First Bank & Trust Co OK$16.7M · 0.25%
Rich & Cartmill, Inc. OK$16.2M · 0.22%
Spirit Bankcorp, Inc. OK$13.7M · 0.11%
F & M Bancshares, Inc. OK$12.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730376185 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.