Plan Ledger DOL Form 5500 · updated monthly

Rudy Construction Company401(k)

RUDY CONSTRUCTION CO. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Rudy Construction Company reported $3,400 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,318 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 1 year on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (547th of 724), and 3,991st of 5,337 in construction. In 2023, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 167 to 202 since 2022.

Plan summary
Net assets, end of year$5,018,289
Participants with balances165
Active participants202
Employer contributions$266,181
Employee contributions$407,140
Employer contribution per active participant$1,318
Average account balance$30,414
Benefits paid to participants$512,020
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $271K emplr
2023$5.0M · 165 accts · $266K emplr
2022$4.2M · 144 accts · $236K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,400
Total administrative$3,400
The Rudy Construction Company 401(k) match · 2023
Employer contribution per active participant$1,318
Median for plans this size$1,308
2023$1,318 per active participant
2022$1,416 per active participant

Rudy Construction Company's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
UNITED OF OMAHA · Loan processing · Recordkeeping$2,900

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

Recordkeeper by year2
2024Ascensus, Mutual of Omaha
2023Mutual of Omaha

This plan has changed recordkeepers within these filings. If you left Rudy Construction Company 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
2024Not separately reported
2023$3,400 · 0.07%
2022$2,425 · 0.06%
Same employer
Similar plansConstruction · Oklahoma
Cmswillowbrook, Inc. OK$6.9M · 0.01%
Action Safety Supply Co. OK$6.2M · 0.16%
Thermal Specialties LLC OK$5.6M · 0.24%
Air Assurance Co. OK$3.1M · 0.98%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731213593 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.