Plan Ledger DOL Form 5500 · updated monthly

Sef Energy, LLC401(k)

SEF ENERGY, LLC 401(K) PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Sef Energy, LLC reported $89,670 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,505 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 0.45% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 272nd-largest of 724 plans among Oklahoma employers on file, and 322nd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 328 to 369 since 2022.

Plan summary
Net assets, end of year$18,393,739
Participants with balances304
Active participants369
Employer contributions$924,170
Employee contributions$1,838,823
Employer contribution per active participant$2,505
Average account balance$60,506
Benefits paid to participants$2,571,299
Plan auditUnmodified (clean) audit opinion
AuditorFINLEY & COOK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 304 accts · $924K emplr
2023$16.0M · 296 accts · $809K emplr
2022$12.7M · 262 accts · $626K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,670
Total administrative$89,670
The Sef Energy, LLC 401(k) match · 2024
Employer contribution per active participant$2,505
Median for plans this size$2,416
2024$2,505 per active participant
2023$2,192 per active participant
2022$1,908 per active participant

Sef Energy, LLC'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 · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$13,617
MAI CAPITAL MANAGEMENT LLCindirect comp
PENSION SOLUTIONS INC · Other servicesindirect 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$89,670 · 0.52%
2023$63,642 · 0.44%
2022$61,002 · 0.45%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
Shebester-Bechtel, Inc. OK$25.4M · 0.13%
Cheyenne Petroleum Company OK$22.6M · 0.05%
American Cementing, LLC OK$19.6M · 0.71%
B & H Construction, LLC OK$15.6M · 0.58%
Levare U.S., Inc. OK$14.1M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813424201 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.