What are the fees in the Sovereign Native Holdco, LLC 401(K) Plan 401(k) plan?

For plan year 2022, Sovereign Native Holdco, LLC 401(K) Plan reported $675 in plan administrative expenses, or 0.07% of average plan assets — lower than ~75% of peers. Fund-level expense ratios are not included in public filings.

What is the Sovereign Native Holdco, LLC 401(K) Plan 401(k) match?

In 2022, employer contributions to the Sovereign Native Holdco, LLC 401(K) Plan plan averaged $347 per active participant, above the $331 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Sovereign Native Holdco, LLC 401(K) Plan 401(k)?

The average participant account balance was $25,224 for plan year 2022, based on 38 accounts.

Sovereign Native Holdco, LLC 401(K) Plan401(k)

Name: Sovereign Native Holdco, LLC 401(K) Plan 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

SOVEREIGN NATIVE HOLDCO, LLC 401(K) PLAN · ADA, OK · plan year 2022

Reported admin expense ratio · 2022

0.07%

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

Sovereign Native Holdco, LLC 401(K) Plan reported $675 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $347 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oklahoma (683rd of 724), and 5,119th of 5,337 in construction. In 2022, employees put in $1.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$958,523
Participants with balances38
Active participants230
Employer contributions$79,758
Employee contributions$83,997
Employer contribution per active participant$347
Average account balance$25,224
Benefits paid to participants$16,932
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS, LLP

Administrative expenses, itemized · 2022

Professional / advisory$675

Total administrative$675

The Sovereign Native Holdco, LLC 401(K) Plan 401(k) match · 2022

Employer contribution per active participant$347

Median for plans this size$331

Sovereign Native Holdco, LLC 401(K) Plan's 2022 employer contribution ran above the $331 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

Your balance

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$675 · 0.07%

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McKee Utility Contractors, Inc. OK$213K · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462960654 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.