Plan Ledger DOL Form 5500 · updated monthly

Standley Systems, LLC401(k)

STANDLEY SYSTEMS, LLC PROFIT SHARING/401(K) PLAN · CHICKASHA, OK · plan year 2024

Reported admin expense ratio · 2024
1.60%

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

Standley Systems, LLC reported $142,027 in plan administrative expenses for 2024: 1.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,678 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 1.42% to 1.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Oklahoma (410th of 724), and 1,700th of 3,341 in other services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 143 to 171 since 2022.

Plan summary
Net assets, end of year$9,509,822
Participants with balances186
Active participants171
Employer contributions$286,999
Employee contributions$627,496
Employer contribution per active participant$1,678
Average account balance$51,128
Benefits paid to participants$872,505
Plan auditUnmodified (clean) audit opinion
AuditorTAMMIE S. MOORE, PC
Plan history3
Yearassets · accounts · employer contribution
2024$9.5M · 186 accts · $287K emplr
2023$8.3M · 198 accts · $260K emplr
2022$6.7M · 178 accts · $175K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$73,079
Investment management$1,810
Total administrative$142,027
The Standley Systems, LLC 401(k) match · 2024
Employer contribution per active participant$1,678
Median for plans this size$1,313
2024$1,678 per active participant
2023$1,897 per active participant
2022$1,221 per active participant

Standley Systems, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$2,748
WILLSHIRE ASSOCIATES INC · Investment advisory (participants)$1,810

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$142,027 · 1.60%
2023$71,960 · 0.96%
2022$100,540 · 1.42%
Same employer
Similar plansOther Services · Oklahoma
Inceed, LLC OK$12.6M · 0.07%
Abbott Industries, Inc OK$11.5M · 0.00%
Iowa Tribe of Oklahoma OK$10.1M · 0.04%
Eastern Shawnee Tribe OK$8.5M · 0.93%
Advantage Controls LLC OK$7.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730769049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.