Plan Ledger DOL Form 5500 · updated monthly

Tulsa Christian Education Corporation401(k)

METRO CHRISTIAN ACADEMY 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Tulsa Christian Education Corporation reported $62,831 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,225 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 1.04% to 1.10%. 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 (511th of 724), and 2,123rd of 3,341 in other services. In 2024, employees put in $1.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,158,969
Participants with balances229
Active participants202
Employer contributions$247,366
Employee contributions$487,428
Employer contribution per active participant$1,225
Average account balance$26,895
Benefits paid to participants$632,906
Plan auditUnmodified (clean) audit opinion
AuditorCARR, RIGGS AND INGRAM,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 229 accts · $247K emplr
2023$5.3M · 214 accts · $212K emplr
2022$4.3M · 203 accts · $184K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,200
Investment management$23,631
Total administrative$62,831
The Tulsa Christian Education Corporation 401(k) match · 2024
Employer contribution per active participant$1,225
Median for plans this size$1,313
2024$1,225 per active participant
2023$852 per active participant
2022$962 per active participant

Tulsa Christian Education Corporation'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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$1,700
MERRILL LYNCH · Investment advisory (participants)$23,631

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$62,831 · 1.10%
2023$51,541 · 1.07%
2022$49,337 · 1.04%
Same employer
Similar plansOther Services · Oklahoma
Advantage Controls LLC OK$7.5M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 731314051 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.