Midfirst Bank 401(k) match, vesting and fees
What Midfirst Bank's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Forvis Mazars, LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 156 defined-contribution plans in management of companies and enterprises with 1,000 to 4,999 participants.
| Midfirst Bank: employer contribution per participant | $3,200 | |
| Peer median | $2,525 |
| Midfirst Bank: average balance | $124,328 | |
| Peer median | $101,328 |
| Midfirst Bank: admin expenses ÷ assets | 0.11% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $406M at the end of plan year 2023 to $486M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 4,039 | $486M | $12.5M | $3,200 | 0.11% | Not published | Form 5500 ↗ |
| 2023 | 3,922 | $406M | $11.5M | $2,980 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does Midfirst Bank match 401(k) contributions?
The match terms for the Midland Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $12.5M in employer contributions, about $3,200 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Midfirst Bank 401(k) match vested?
The vesting schedule for the Midland Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Midfirst Bank 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Midfirst Bank.
I left Midfirst Bank. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Midfirst Bank, (405) 767-7003) or the recordkeeper, Fidelity Investments Institutional. The Midfirst Bank old 401(k) page lists the contacts from every plan filing. Find an old Midfirst Bank 401(k)
Data from the public Form 5500 annual reports Midfirst Bank filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Midfirst Bank. Not financial advice. Report a correction · Methodology