Plan Ledger DOL Form 5500 · updated monthly

First Orion Corp.401(k)

FIRST ORION CORP. 401(K) PLAN · NORTH LITTLE ROCK, AR · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

First Orion Corp. reported $26,582 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,847 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.

Across the 2 years on file its reported administrative ratio rose from 0.10% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 124th-largest of 456 plans among Arkansas employers on file, and the 4,614th of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 369 to 285 since 2022.

Plan summary
Net assets, end of year$26,051,998
Participants with balances354
Active participants285
Employer contributions$1,381,414
Employee contributions$2,761,528
Employer contribution per active participant$4,847
Average account balance$73,593
Benefits paid to participants$1,683,090
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.1M · 354 accts · $1.4M emplr
2023$20.4M · 375 accts · $1.4M emplr
2022$13.5M · 358 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,582
Total administrative$26,582
The First Orion Corp. 401(k) match · 2024
Employer contribution per active participant$4,847
Median for plans this size$2,416
2024$4,847 per active participant
2023$3,892 per active participant
2022$3,553 per active participant

First Orion Corp.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$26,582

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,582 · 0.11%
2023$17,665 · 0.10%
2022$12,680 · 0.10%
Same employer
Similar plansProfessional & Technical Services · Arkansas
Acoustic L.P. AR$29.3M · 0.48%
Protech Solutions, Inc. AR$21.9M · 0.47%
Eurark LLC AR$20.9M · 0.27%
Keeling Company AR$16.9M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260673290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.