Plan Snapshot
- Plan Sponsor: Bancfirst
- Sponsor EIN: 731221379
- Sponsor Address: PO BOX 26788, OKLAHOMA CITY, OK, 73126
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 1,764
- Total Assets: $5.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,764 | $5.4M | $14.0M | $5.7M |
| 2023 | 1,504 | $4.7M | $12.2M | $5.0M |
| 2022 | 1,504 | $5.5M | $11.5M | $4.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KEMPTON GROUP ADMINISTRATORS INC | Other Service Provider | $321,296 | — | $321,296 |
| MARSH & MCLENNAN | Other Service Provider | $48,000 | — | $48,000 |
| ISOLVED BENEFIT SERVICES | Other Service Provider | $15,501 | — | $15,501 |
| FINLEY & COOK, PLLC | Other Service Provider | $13,414 | — | $13,414 |
| LEWIS ELLIS ACTUARIES | Other Service Provider | $5,200 | — | $5,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $403,411
- Estimated Expense Ratio: 7.406% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,442,507 | — | $1,709,755 | — | — |
| 2023 | $2,339,996 | — | $1,643,436 | — | — |
| 2022 | $2,035,326 | — | — | — | $1,472,893 |