Plan Ledger DOL Form 5500 · updated monthly

Superior Linen Service, Inc.401(k)

SUPERIOR LINEN SERVICE, INC. RETIREMENT SAVINGS PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Superior Linen Service, Inc. reported $48,208 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $1,294 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 3 years on file its reported administrative ratio has held roughly steady near 0.588%. 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 (426th of 724), and 1,773rd of 3,341 in other services. In 2024, employees put in $1.62 for every $1.00 the employer contributed; active participation has shrunk from 303 to 264 since 2022.

Plan summary
Net assets, end of year$8,866,853
Participants with balances276
Active participants264
Employer contributions$341,558
Employee contributions$552,081
Employer contribution per active participant$1,294
Average account balance$32,126
Benefits paid to participants$430,386
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 276 accts · $342K emplr
2023$7.5M · 250 accts · $321K emplr
2022$6.8M · 337 accts · $318K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,516
Investment management$19,692
Total administrative$48,208
The Superior Linen Service, Inc. 401(k) match · 2024
Employer contribution per active participant$1,294
Median for plans this size$1,313
2024$1,294 per active participant
2023$1,190 per active participant
2022$1,048 per active participant

Superior Linen Service, Inc.'s 2024 employer contribution ran below 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 · 20245
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$11,008
WEALTH ADVISORY SERVICES LLC · Investment advisory (plan)$8,684
EMPLOYEE BENEFITS GROUP, LLC · Contract administrator$6,302
EMPOWER ADVISORY GROUP, LLC · Investment management$4,220

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$48,208 · 0.59%
2023$41,384 · 0.58%
2022$47,763 · 0.59%
Same employer
Similar plansOther Services · Oklahoma
Abbott Industries, Inc OK$11.5M · 0.00%
Iowa Tribe of Oklahoma OK$10.1M · 0.04%
Standley Systems, LLC OK$9.5M · 1.60%
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 731225137 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.