Plan Ledger DOL Form 5500 · updated monthly

O'Connor Company, Inc.401(k)

O'CONNOR COMPANY 401(K) RETIREMENT PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

O'Connor Company, Inc. reported $62,467 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $4,299 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 0.11% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 66th-largest of 233 plans among South Dakota employers on file, and the 1,357th of 4,246 in wholesale trade. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$30,080,928
Participants with balances176
Active participants153
Employer contributions$657,697
Employee contributions$1,366,668
Employer contribution per active participant$4,299
Average account balance$170,914
Benefits paid to participants$1,979,689
Plan auditUnmodified (clean) audit opinion
AuditorELO PROF. LLC
Plan history2
Yearassets · accounts · employer contribution
2024$30.1M · 176 accts · $658K emplr
2022$23.3M · 167 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,568
Investment management$32,642
Audit (IQPA)$11,257
Total administrative$62,467
The O'Connor Company, Inc. 401(k) match · 2024
Employer contribution per active participant$4,299
Median for plans this size$2,416
2024$4,299 per active participant
2022$3,726 per active participant

O'Connor Company, Inc.'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 · 20243
INTELLICENTS INVESTMENT SOLUTIONS I · Investment advisory (plan)$32,642
ELO PROF LLC · Accounting / audit$11,257

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

Administrative cost history2
2024$62,467 · 0.22%
2022$27,803 · 0.11%
All plans at this employer2
O'CONNOR COMPANY 401(K) RETIREMENT PLAN401(k)
O'CONNOR COMPANY 401(K) RETIREMENT PLAN401(k)
Same employer
Similar plansWholesale Trade · South Dakota
Harms Oil Company SD$47.5M · 0.37%
Grossenburg Implement, Inc. SD$45.7M · 0.29%
Consumers Supply Dist LLC SD$29.0M · 0.32%
Schull Construction Company SD$18.3M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460332893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.