Plan Ledger DOL Form 5500 · updated monthly

Schraad & Associates-Sales/Marketing.Inc401(k)

SCHRAAD & ASSOCIATES SALES/MARKETING, INC . 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Schraad & Associates-Sales/Marketing.Inc reported $5,350 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,871 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 0.02% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oklahoma (364th of 724), and 2,698th of 4,246 in wholesale trade. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,815,719
Participants with balances163
Active participants164
Employer contributions$470,866
Employee contributions$996,363
Employer contribution per active participant$2,871
Average account balance$72,489
Benefits paid to participants$569,145
Plan auditUnmodified (clean) audit opinion
AuditorFINLEY & COOK, PPLC
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 163 accts · $471K emplr
2023$9.2M · 158 accts · $430K emplr
2022$7.0M · 145 accts · $353K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,350
Total administrative$5,350
The Schraad & Associates-Sales/Marketing.Inc 401(k) match · 2024
Employer contribution per active participant$2,871
Median for plans this size$2,416
2024$2,871 per active participant
2023$2,574 per active participant
2022$2,323 per active participant

Schraad & Associates-Sales/Marketing.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 · 20244
CADENT CAPITAL · Pension consulting · Custodial$12,000
CAPSTONE RETIREMENT SERVCIES LLC · Accounting / audit · Pension consulting$4,500
FINLEY & COOK CPA'S · Accounting / audit$1,484
CAPITAL BANK AND TRUST COMPANY · Investment management · Loan processing$312

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$5,350 · 0.05%
2023$3,883 · 0.05%
2022$1,092 · 0.02%
Same employer
Similar plansWholesale Trade · Oklahoma
Jd Young Company, Inc. OK$11.1M · 0.18%
Rl Hudson & Company OK$10.6M · 0.52%
Fellers, LLC OK$10.3M · 0.65%
Utility Tri-State, Inc. OK$10.3M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471568101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.