Plan Ledger DOL Form 5500 · updated monthly

Shawnee Milling Company401(k)

SHAWNEE MILLING COMPANY SAVINGS INCENTIVE AND PROFIT SHARING PLAN · SHAWNEE, OK · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Shawnee Milling Company reported $4,972 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,562 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 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 287th-largest of 724 plans among Oklahoma employers on file, and the 6,652nd of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed; active participation has grown from 122 to 142 since 2022.

Plan summary
Net assets, end of year$16,635,289
Participants with balances183
Active participants142
Employer contributions$505,734
Employee contributions$681,192
Employer contribution per active participant$3,562
Average account balance$90,903
Benefits paid to participants$1,964,064
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 183 accts · $506K emplr
2023$15.8M · 170 accts · $480K emplr
2022$13.7M · 163 accts · $419K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,972
Total administrative$4,972
The Shawnee Milling Company 401(k) match · 2024
Employer contribution per active participant$3,562
Median for plans this size$2,416
2024$3,562 per active participant
2023$3,451 per active participant
2022$3,433 per active participant

Shawnee Milling Company'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 · 20241

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$4,972 · 0.03%
2023$5,738 · 0.04%
2022$2,936 · 0.02%
All plans at this employer2
SHAWNEE MILLING COMPANY UNION EMPLOYEES RETIREMENT AND 401(K) PLAN401(k)
SHAWNEE MILLING COMPANY SAVINGS INCENTIVE AND PROFIT SHARING PLAN401(k)
Same employer
Similar plansManufacturing · Oklahoma
Parrish Enterprises, LTD. OK$19.0M · 0.49%
Cytovance Biologics, Inc. OK$18.8M · 0.10%
Associated Steel Group, LLC OK$18.3M · 0.46%
Century LLC OK$15.9M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730444550 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.