Retirement plan

DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC 401(K) PLAN

Name: DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC - DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC 401(K) PLAN (2024) Form 5500
Creator: DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC 401(K) PLAN, DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC

DELAWARE RESOURCE GROUP OF OKLAHOMA, LLCEIN 20-0458298Plan #001PY 2024

3220 QUAIL SPRINGS PARKWAY - OKLAHOMA CITY, OK 73134405-721-7776LinkedIn501-1000 employeesmanagement consulting

Prospect flagsLow participationFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$82.4M

+15.7% from 2023

Total participants

1,706

+34.2% from 2023

Average account balance

$69,557

-1.7% from 2023

Annual return

19.21%

+0.43 pp from 2023

Benchmarks

See 949 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort949 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$82.36M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$70K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,184

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

60.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.21%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$180

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
INTRUST BANK, N.A.5 years Filed as: INTRUST BANK NA Service code 27 · EIN 48-0477525	Advisory (Plan)	$113,059
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$90,383
ROSE ROCK CPAS, PLLC1 year Service code 10 · EIN 26-0852716	Accounting	$10,000

Plan features & details

Pension benefit codes3D2F2G2J2K2T3H2E

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$213K

$160 / participant

Recordkeeping$89K41.5%
Investment mgmt$103K48.3%
Contract admin$2K0.8%
Other / not subdivided$20K9.4%

% of EOY assets

0.259%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROSE ROCK CPAS, PLLC
Auditor EIN: 260852716
Audit fees: $10,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,557

$122,128-43.0%

$147,117-52.7%

$200,096-65.2%

Participation rate

60.8%

78.2%-17.3pp

82.2%-21.3pp

72.0%-11.2pp

Annual return

19.21%

30.58%-11.4pp

420.54%-401.3pp

34.26%-15.1pp

Employer contribution / active EE

$1,849

$4,093-54.8%

$4,932-62.5%

$3,038-39.1%

Participant deferral / active EE

$5,249

$8,484-38.1%

$8,065-34.9%

$5,090+3.1%

Admin fee / account holder

$180

$180+0.4%

$12,993-98.6%

$269-33.1%

Provider

Service type

Compensation

INTRUST BANK, N.A.5 years

Filed as: INTRUST BANK NA

Service code 27 · EIN 48-0477525

Advisory (Plan)

$113,059

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$90,383

ROSE ROCK CPAS, PLLC1 year

Service code 10 · EIN 26-0852716

Accounting

$10,000

DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELAWARE RESOURCE GROUP OF OKLAHOMA, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion