Plan Ledger DOL Form 5500 · updated monthly

Spring Dental401(k)

SPRING DENTAL 401(K) PLAN · JENKS, OK · plan year 2024

Reported admin expense ratio · 2024
2.57%

Spring Dental reported $82,333 in plan administrative expenses for 2024: 2.57% of average plan assets, higher than ~90% of peers. 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 1.90% to 2.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oklahoma (587th of 724), and 8,685th of 11,911 in health care & social assistance. active participation has grown from 663 to 799 since 2022.

Plan summary
Net assets, end of year$3,808,945
Participants with balances1,233
Active participants799
Employer contributions—
Employee contributions$1,141,495
Employer contribution per active participant—
Average account balance$3,089
Benefits paid to participants$292,928
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ MHM, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 1,233 accts
2023$2.6M · 885 accts
2022$1.3M · 773 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,667
Investment management$48,666
Total administrative$82,333
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 · 20242
PROFESSIONAL CAPITAL SERVICES, LLC · Contract administrator · Recordkeeping$33,667
SOLTIS INVESTMENT ADVISORS, LLC · Investment advisory (plan)$48,666

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024PROFESSIONAL CAPITAL SERVICES, LLC
2023PROFESSIONAL CAPITAL SERVICES, LLC

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Administrative cost history3
2024$82,333 · 2.57%
2023$40,731 · 2.08%
2022$18,386 · 1.90%
Similar plansHealth Care & Social Assistance · Oklahoma
Enhance Management LLC OK$3.9M · 0.03%
The Winters Group LLC OK$3.3M · 0.41%
Triad Eye Institute, PLLC OK$3.2M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843938327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.