Plan Ledger DOL Form 5500 · updated monthly

Washita Valley Enterprises, Inc.401(k)

WASHITA VALLEY ENTERPRISES, INC. 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Washita Valley Enterprises, Inc. reported $4,369 in plan administrative expenses for 2024: 0.57% of average plan assets, below the peer median. Employer contributions averaged $1,192 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.

The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Oklahoma (694th of 724), and 595th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$763,191
Participants with balances233
Active participants273
Employer contributions$325,349
Employee contributions$434,927
Employer contribution per active participant$1,192
Average account balance$3,275
Benefits paid to participants$14,372
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,861
Investment management$754
Total administrative$4,369
The Washita Valley Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,192
Median for plans this size$540

Washita Valley Enterprises, Inc.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$2,861
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$4,369 · 0.57%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
Edge Ofs Holdings OK$5.5M · 0.67%
Ecm Energy Services, Inc. PA$907K · 0.62%
Enservco Corporation CO$892K · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730985996 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.