Plan Ledger DOL Form 5500 · updated monthly

The Children's Center, Inc.401(k)

BETHANY CHILDREN'S HEALTH CENTER 401(K) PLAN · BETHANY, OK · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

The Children's Center, Inc. reported $166,680 in plan administrative expenses for 2024: 0.43% of average plan assets, above the peer median. Employer contributions averaged $1,334 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 fell from 0.88% to 0.43%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 137th-largest of 724 plans among Oklahoma employers on file, and the 2,156th of 11,911 in health care & social assistance. In 2024, employees put in $3.02 for every $1.00 the employer contributed; active participation has grown from 751 to 871 since 2022.

Plan summary
Net assets, end of year$42,018,442
Participants with balances998
Active participants871
Employer contributions$1,162,187
Employee contributions$3,510,842
Employer contribution per active participant$1,334
Average account balance$42,103
Benefits paid to participants$2,293,660
Plan auditUnmodified (clean) audit opinion
AuditorSMITH CARNEY & CO., PC
Plan history3
Yearassets · accounts · employer contribution
2024$42.0M · 998 accts · $1.2M emplr
2023$35.2M · 959 accts · $1.1M emplr
2022$28.2M · 898 accts · $935K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,980
Investment management$159,700
Total administrative$166,680
The The Children's Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,334
Median for plans this size$2,416
2024$1,334 per active participant
2023$1,310 per active participant
2022$1,245 per active participant

The Children's Center, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20244
BANCFIRST · Investment advisory (plan)$90,848
EMPLOYEE BENEFITS GROUP, LLC · Contract administrator$15,158
EMPOWER ADVISORY GROUP, LLC · Investment management$6,980

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$166,680 · 0.43%
2023$4,391 · 0.01%
2022$256,455 · 0.88%
Same employer
Similar plansHealth Care & Social Assistance · Oklahoma
Oklahoma Blood Institute OK$51.3M · 0.18%
Amity Care LLC OK$32.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730580264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.