Plan Snapshot
- Plan Sponsor: Midfirst Bank
- Sponsor EIN: 730383055
- Sponsor Address: 501 NW GRAND BLVD, OKLAHOMA CITY, OK, 73118
- Plan Type: 401(k)
- Total Participants: 3,237
- Total Assets: $485.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,237 | $485.6M | $12.5M | $24.4M |
| 2023 | 3,151 | $406.5M | $11.5M | $22.0M |
| 2022 | 2,908 | $334.9M | $10.6M | $19.7M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | $29,715 | — | $29,715 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,715
- Estimated Expense Ratio: 0.006% 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 | $499,331 | — | — | $29,715 | — |
| 2023 | $323,924 | — | — | $26,565 | — |
| 2022 | $384,449 | — | — | — | — |