Plan Ledger DOL Form 5500 · updated monthly

The Museum of the Bible, Inc.401(k)

THE MUSEUM OF THE BIBLE, INC. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

The Museum of the Bible, Inc. reported $34,723 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $1,374 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 0.54% to 0.44%. 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 (435th of 724), and 1,806th of 3,341 in other services. In 2024, employees put in $2.98 for every $1.00 the employer contributed; active participation has grown from 188 to 230 since 2022.

Plan summary
Net assets, end of year$8,512,347
Participants with balances337
Active participants230
Employer contributions$316,001
Employee contributions$941,928
Employer contribution per active participant$1,374
Average account balance$25,259
Benefits paid to participants$685,862
Plan auditUnmodified (clean) audit opinion
AuditorCAPIN CROUSE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.5M · 337 accts · $316K emplr
2023$7.1M · 263 accts · $283K emplr
2022$5.7M · 265 accts · $287K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,447
Investment management$27,276
Total administrative$34,723
The The Museum of the Bible, Inc. 401(k) match · 2024
Employer contribution per active participant$1,374
Median for plans this size$1,313
2024$1,374 per active participant
2023$1,563 per active participant
2022$1,526 per active participant

The Museum of the Bible, Inc.'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
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$27,276
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$7,447

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$34,723 · 0.44%
2023$30,188 · 0.47%
2022$31,752 · 0.54%
Same employer
Similar plansOther Services · Oklahoma
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 273444987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.