Plan Ledger DOL Form 5500 · updated monthly

Opus Inspection Technologies, Inc.401(k)

OPUS INSPECTION TECHNOLOGIES, INC. 401(K) RETIREMENT PLAN · BROOKFIELD, WI · plan year 2022

Reported admin expense ratio · 2022
0.34%

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

Opus Inspection Technologies, Inc. reported $59,355 in plan administrative expenses for 2022: 0.34% of average plan assets, above the peer median. Employer contributions averaged $1,215 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Wisconsin (1,003rd of 1,936), and 6,314th of 11,654 in professional & technical services. In 2022, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,148,742
Participants with balances276
Active participants292
Employer contributions$354,895
Employee contributions$1,085,236
Employer contribution per active participant$1,215
Average account balance$58,510
Benefits paid to participants$1,138,788
Plan auditUnmodified (clean) audit opinion
AuditorPKF MUELLER
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $355K emplr
2022$16.1M · 276 accts · $355K emplr
Administrative expenses, itemized · 2022
Investment management$3,738
Total administrative$59,355
The Opus Inspection Technologies, Inc. 401(k) match · 2022
Employer contribution per active participant$1,215
Median for plans this size$2,266

Opus Inspection Technologies, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$59,355 · 0.34%
Similar plansProfessional & Technical Services · Wisconsin
Sonic Foundry, Inc. WI$16.5M · 0.01%
Flexion, Inc. WI$16.4M · 0.08%
Gruber Law Offices, LLC WI$15.8M · 0.28%
Cherry Optical, Inc. WI$15.8M · 0.07%
Education Analytics WI$15.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232831349 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.