Plan Ledger DOL Form 5500 · updated monthly

Universal Field Services, Inc.401(k)

401(K) SAVINGS PLAN AND TRUST OF UNIVERSAL FIELD SERVICES, INC. · TULSA, OK · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Universal Field Services, Inc. reported $31,913 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $537 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 0.13% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 253rd-largest of 724 plans among Oklahoma employers on file, and the 5,577th of 11,654 in professional & technical services. In 2023, employees put in $7.06 for every $1.00 the employer contributed; active participation has shrunk from 353 to 297 since 2022.

Plan summary
Net assets, end of year$19,827,345
Participants with balances244
Active participants297
Employer contributions$159,415
Employee contributions$1,125,795
Employer contribution per active participant$537
Average account balance$81,260
Benefits paid to participants$1,790,513
Plan auditUnmodified (clean) audit opinion
AuditorCONKLIN GILPIN & WERTZ P.L.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 252 accts · $355K emplr
2023$19.8M · 244 accts · $159K emplr
2022$17.1M · 244 accts · $161K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,413
Audit (IQPA)$12,500
Total administrative$31,913
The Universal Field Services, Inc. 401(k) match · 2023
Employer contribution per active participant$537
Median for plans this size$2,440
2024$1,164 per active participant
2023$537 per active participant
2022$455 per active participant

Universal Field Services, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,823

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$34,038 · 0.17%
2023$31,913 · 0.17%
2022$23,944 · 0.13%
Similar plansProfessional & Technical Services · Oklahoma
Spirit Human Resources, LLC OK$21.7M · 0.66%
Exodus HR, LLC OK$20.3M · 0.91%
Gdh Consulting, Inc. OK$19.6M · 0.56%
Ackerman McQueen, Inc. OK$19.5M · 0.31%
Cec Corporation OK$17.8M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730676799 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.