Plan Ledger DOL Form 5500 · updated monthly

Onerorx, Inc.401(k)

GRX HOLDINGS, LLC 401(K) PLAN · WEST DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Onerorx, Inc. reported $96,528 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $712 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 3 years on file its reported administrative ratio has held roughly steady near 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 423rd-largest of 878 plans among Iowa employers on file, and the 1,589th of 5,215 in retail trade. In 2024, employees put in $3.60 for every $1.00 the employer contributed; active participation has grown from 456 to 641 since 2022.

Plan summary
Net assets, end of year$18,408,581
Participants with balances587
Active participants641
Employer contributions$456,277
Employee contributions$1,641,398
Employer contribution per active participant$712
Average account balance$31,360
Benefits paid to participants$3,070,073
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.4M · 587 accts · $456K emplr
2023$17.2M · 490 accts · $368K emplr
2022$8.6M · 212 accts · $352K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,528
Total administrative$96,528
The Onerorx, Inc. 401(k) match · 2024
Employer contribution per active participant$712
Median for plans this size$2,416
2024$712 per active participant
2023$661 per active participant
2022$771 per active participant

Onerorx, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$96,527
ASSURANCE DIMENSIONS · Accounting / auditindirect comp
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history3
2024$96,528 · 0.54%
2023$108,649 · 0.84%
2022$47,593 · 0.52%
Similar plansRetail Trade · Iowa
Hartig Drug Company IA$19.9M · 0.43%
Theisen Supply, Inc. IA$17.9M · 0.33%
Homemakers Plaza, Inc. IA$16.8M · 0.36%
West Music Co., Inc. IA$16.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262347195 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.