Plan Ledger DOL Form 5500 · updated monthly

Geo Owl LLC401(k)

GEO OWL LLC 401(K) PROFIT SHARING PLAN & TRUST · WILMINGTON, NC · plan year 2023

Employer contribution per participant · 2023
$1,634

Geo Owl LLC's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,287,747 across 67 participant accounts, with employer contributions averaging $1,634 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,747th of 2,005), and 10,783rd of 11,654 in professional & technical services. In 2023, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,287,747
Participants with balances67
Active participants67
Employer contributions$109,482
Employee contributions$283,985
Employer contribution per active participant$1,634
Average account balance$34,145
Benefits paid to participants$430,872
Plan history2
Yearassets · accounts · employer contribution
2023$2.3M · 67 accts · $109K emplr
2022$2.1M · 127 accts · $120K emplr
The Geo Owl LLC 401(k) match · 2023
Employer contribution per active participant$1,634
Median for plans this size$1,308
2023$1,634 per active participant
2022$1,521 per active participant

Geo Owl LLC's 2023 employer contribution ran above the $1,308 median for plans its size. 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.

Administrative cost history2
2023Not separately reported
2022$27,698 · 1.21%
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Second Nature NC$2.5M · 1.43%
Oyster HR Inc. NC$2.0M · 1.86%
Xdin, Inc. NC$2.0M · 0.09%
Costner Law Office PLLC NC$1.9M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462832568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.