Plan Ledger DOL Form 5500 · updated monthly

Wallace Design Collective, PC401(k)

WALLACE DESIGN COLLECTIVE, PC 401(K) RETIREMENT PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Wallace Design Collective, PC reported $83,489 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $2,639 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 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 177th-largest of 724 plans among Oklahoma employers on file, and the 4,121st of 11,654 in professional & technical services. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has grown from 239 to 291 since 2022.

Plan summary
Net assets, end of year$30,444,992
Participants with balances303
Active participants291
Employer contributions$768,005
Employee contributions$2,037,651
Employer contribution per active participant$2,639
Average account balance$100,479
Benefits paid to participants$3,768,421
Plan auditUnmodified (clean) audit opinion
AuditorHOOD AND ASSOCIATES CPAS, PC
Plan history3
Yearassets · accounts · employer contribution
2024$30.4M · 303 accts · $768K emplr
2023$26.3M · 302 accts · $676K emplr
2022$19.7M · 202 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,489
Total administrative$83,489
The Wallace Design Collective, PC 401(k) match · 2024
Employer contribution per active participant$2,639
Median for plans this size$2,416
2024$2,639 per active participant
2023$2,331 per active participant

Wallace Design Collective, PC's 2024 employer contribution ran above the $2,416 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 · 20244
WELLS FARGO ADVISORS FIN NETWORK LL · Investment advisory (plan)$66,726
EMPOWER ADVISORY GROUP, LLC · Investment management$16,208
WJPR CPAS · Contract administrator$4,420

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$83,489 · 0.29%
2023$65,346 · 0.28%
2022$60,119 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Oklahoma
Clarion Events, Inc. OK$37.0M · 0.23%
Waterfield Technologies OK$33.8M · 0.32%
Cymstar, LLC OK$29.4M · 0.01%
Interworks, Inc. OK$23.9M · 0.54%
North Bay Associates, LLC OK$23.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731322436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.