Plan Ledger DOL Form 5500 · updated monthly

Simmons Homes LLC401(k)

SIMMONS HOMES, LLC 401K PROFIT SHARING PLAN AND TRUST · OWASSO, OK · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Simmons Homes LLC reported $1,122 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,725 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (446th of 724), and 3,391st of 5,337 in construction. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,002,446
Participants with balances90
Active participants105
Employer contributions$286,142
Employee contributions$459,403
Employer contribution per active participant$2,725
Average account balance$88,916
Benefits paid to participants$1,147,751
Plan auditUnmodified (clean) audit opinion
AuditorMORSE & CO
Administrative expenses, itemized · 2022
Professional / advisory$1,122
Total administrative$1,122
The Simmons Homes LLC 401(k) match · 2022
Employer contribution per active participant$2,725
Median for plans this size$1,114

Simmons Homes LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,122 · 0.01%
Same employer
Similar plansConstruction · Oklahoma
H.C. Employees, LLC OK$8.3M · 0.62%
Bh Group Holdings, LLC OK$8.2M · 0.84%
Allen Contracting, Inc. OK$8.1M · 0.05%
Marrs Electric LLC OK$7.5M · 0.04%
Cmswillowbrook, Inc. OK$6.9M · 0.01%
Action Safety Supply Co. OK$6.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731538666 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.