Plan Ledger DOL Form 5500 · updated monthly

The Hawthorn Group, Inc.401(k)

MELTON TRUCK LINES, INC. 401(K) PROFIT SHARING PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

The Hawthorn Group, Inc. reported $219,628 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $884 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 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 85th-largest of 724 plans among Oklahoma employers on file, and the 329th of 2,677 in transportation & warehousing. In 2024, employees put in $3.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,616,551
Participants with balances1,343
Active participants1,559
Employer contributions$1,378,631
Employee contributions$4,972,317
Employer contribution per active participant$884
Average account balance$47,369
Benefits paid to participants$7,763,491
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$63.6M · 1,343 accts · $1.4M emplr
2023$56.7M · 1,414 accts · $1.6M emplr
2022$45.9M · 1,348 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,351
Investment management$62,201
Audit (IQPA)$17,200
Trustee / custodial$60,876
Total administrative$219,628
The The Hawthorn Group, Inc. 401(k) match · 2024
Employer contribution per active participant$884
Median for plans this size$3,635
2024$884 per active participant
2023$998 per active participant
2022$1,030 per active participant

The Hawthorn Group, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
INTRUST BANK, N.A. · Recordkeeping · Trustee (directed)$202,428
HOGANTAYLOR LLP · Accounting / audit$17,200

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

Recordkeeper by year2
2024INTRUST BANK, N.A.
2023INTRUST BANK, N.A.

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Administrative cost history3
2024$219,628 · 0.37%
2023$198,555 · 0.39%
2022$185,909 · 0.38%
All plans at this employer2
MELTON TRUCK LINES, INC. 401(K) PROFIT SHARING PLAN401(k)
OAKTREE EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansTransportation & Warehousing · Oklahoma
Oneok, Inc. OK$1.4B
Explorer Pipeline Company OK$90.7M · 0.02%
Groendyke Transport Inc OK$62.5M · 0.33%
Omni Air International, LLC OK$61.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743073830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.