Plan Ledger DOL Form 5500 · updated monthly

Wheeler Brothers Grain Company, LLC401(k)

SAVINGS INCENTIVE PLAN FOR EMPLOYEES OF WHEELER BROTHERS GRAIN COMPANY, LLC · WATONGA, OK · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Wheeler Brothers Grain Company, LLC reported $72,071 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $3,881 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 0.55% to 0.44%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 282nd-largest of 724 plans among Oklahoma employers on file, and the 289th of 945 in agriculture, forestry & fishing. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has shrunk from 198 to 126 since 2022.

Plan summary
Net assets, end of year$17,261,958
Participants with balances181
Active participants126
Employer contributions$489,052
Employee contributions$656,052
Employer contribution per active participant$3,881
Average account balance$95,370
Benefits paid to participants$334,079
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINS & HAAKE, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 181 accts · $489K emplr
2023$15.2M · 181 accts · $321K emplr
2022$14.0M · 169 accts · $901K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,071
Total administrative$72,071
The Wheeler Brothers Grain Company, LLC 401(k) match · 2024
Employer contribution per active participant$3,881
Median for plans this size$2,416
2024$3,881 per active participant
2023$1,771 per active participant
2022$4,552 per active participant

Wheeler Brothers Grain Company, LLC'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
COMMONWEALTH EQUITY SERVICES · Investment advisory (plan)$52,214
EMPLOYEE BENEFITS GROUP LLC · Contract administrator$9,790
EMPOWER ADVISORY GROUP · Investment management$1,378

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$72,071 · 0.44%
2023$60,299 · 0.41%
2022$74,184 · 0.55%
Same employer
Similar plansAgriculture, Forestry & Fishing · Oklahoma
Greenleaf Nursery Co. OK$35.8M · 0.17%
Hitch Enterprises Inc. OK$9.0M · 0.23%
J-M Farms, Inc. OK$5.1M · 0.37%
Marco Industries, Inc. OK$2.7M · 0.17%
Hardin Staffing Inc. OK$744K · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730564547 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.