Plan Ledger DOL Form 5500 · updated monthly

Webco Industries, Inc.401(k)

WEBCO INDUSTRIES, INC. EMPLOYEE INVESTMENT PLAN · SAND SPRINGS, OK · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Webco Industries, Inc. reported $93,460 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,374 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 fell from 0.17% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 58th-largest of 724 plans among Oklahoma employers on file, and the 1,918th of 13,661 in manufacturing. In 2024, employees put in $2.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,788,834
Participants with balances1,555
Active participants1,383
Employer contributions$1,899,941
Employee contributions$5,529,697
Employer contribution per active participant$1,374
Average account balance$64,173
Benefits paid to participants$7,304,392
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.8M · 1,555 accts · $1.9M emplr
2023$89.0M · 1,548 accts · $1.7M emplr
2022$76.0M · 1,471 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,103
Investment management$9,881
Trustee / custodial$44,742
Total administrative$93,460
The Webco Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$1,374
Median for plans this size$3,635
2024$1,374 per active participant
2023$1,262 per active participant
2022$1,206 per active participant

Webco Industries, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BOKF, NA · Custodial (securities) · Trustee (directed)$93,460

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$93,460 · 0.10%
2023$117,555 · 0.14%
2022$134,822 · 0.17%
Same employer
Similar plansManufacturing · Oklahoma
Kaiser-Francis Oil Company OK$115.9M · 0.01%
Moore, a Series OK$113.4M · 0.20%
Balon Corporation OK$106.3M · 0.06%
Kimray, Inc. OK$99.5M · 2.17%
The Bama Companies, Inc. OK$78.2M · 0.31%
Gemini Industries, Inc. OK$76.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731097133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.