Plan Ledger DOL Form 5500 · updated monthly

O'Hagan Meyer LLC401(k)

O'HAGAN MEYER LLC 401(K) RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

O'Hagan Meyer LLC reported $117,813 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $4,583 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 0.38% to 0.41%. 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 1,213th-largest of 3,702 plans among Illinois employers on file, and the 3,770th of 11,654 in professional & technical services. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 241 to 513 since 2022.

Plan summary
Net assets, end of year$34,151,667
Participants with balances512
Active participants513
Employer contributions$2,351,257
Employee contributions$3,909,215
Employer contribution per active participant$4,583
Average account balance$66,702
Benefits paid to participants$1,984,542
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 512 accts · $2.4M emplr
2023$23.5M · 353 accts · $1.5M emplr
2022$15.4M · 320 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,275
Trustee / custodial$111,538
Total administrative$117,813
The O'Hagan Meyer LLC 401(k) match · 2024
Employer contribution per active participant$4,583
Median for plans this size$2,416
2024$4,583 per active participant
2023$3,743 per active participant
2022$4,260 per active participant

O'Hagan Meyer LLC'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 · 20242
OLD NATIONAL BANK · Plan administrator · Trustee$116,463

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$117,813 · 0.41%
2023$77,528 · 0.40%
2022$60,608 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Illinois
Fgm Architects Inc. IL$34.5M · 0.36%
Maven Wave Partners IL$34.4M · 0.23%
Ibase Operations Corp. IL$32.9M · 0.70%
Topel Forman, L.L.C. IL$32.8M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161759832 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.