Plan Ledger DOL Form 5500 · updated monthly

Usable Mutual Insurance Company401(k)

ARKANSAS BLUE CROSS AND BLUE SHIELD 401(K) SAVINGS AND PLUS PLAN · LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Usable Mutual Insurance Company reported $552,858 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $5,044 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 0.06% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 7th-largest of 456 plans among Arkansas employers on file, and the 223rd of 4,798 in finance & insurance. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$788,638,262
Participants with balances4,099
Active participants3,352
Employer contributions$16,909,068
Employee contributions$27,255,112
Employer contribution per active participant$5,044
Average account balance$192,398
Benefits paid to participants$75,182,907
Plan auditUnmodified (clean) audit opinion
AuditorRASCO WINTER THOMAS GROUP
Plan history3
Yearassets · accounts · employer contribution
2024$788.6M · 4,099 accts · $16.9M emplr
2023$728.9M · 4,072 accts · $22.3M emplr
2022$616.4M · 3,953 accts · $25.9M emplr
Administrative expenses, itemized · 2024
Investment management$552,858
Total administrative$552,858
The Usable Mutual Insurance Company 401(k) match · 2024
Employer contribution per active participant$5,044
Median for plans this size$4,294
2024$5,044 per active participant
2023$6,560 per active participant
2022$7,891 per active participant

Usable Mutual Insurance Company's 2024 employer contribution ran above the $4,294 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 · 20241

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$552,858 · 0.07%
2023$485,744 · 0.07%
2022$425,810 · 0.06%
Same employer
Similar plansFinance & Insurance · Arkansas
Arvest Bank AR$925.8M · 0.03%
Oppenheimer & Co. Inc NY$807.6M · 0.01%
Medical Mutual of Ohio OH$799.4M · 0.02%
Qbe Holdings, Inc. WI$792.0M · 0.03%
Janney Montgomery Scott LLC PA$766.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710226428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.