Plan Ledger DOL Form 5500 · updated monthly

O'Hara Corporation401(k)

O'HARA CORPORATION 401(K) SAVINGS AND INVESTMENT PLAN · ROCKLAND, ME · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

O'Hara Corporation reported $56,570 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,667 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 fell from 0.31% to 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 128th-largest of 354 plans among Maine employers on file, and the 213th of 945 in agriculture, forestry & fishing. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 328 to 363 since 2022.

Plan summary
Net assets, end of year$22,646,099
Participants with balances261
Active participants363
Employer contributions$605,261
Employee contributions$1,341,373
Employer contribution per active participant$1,667
Average account balance$86,767
Benefits paid to participants$2,108,025
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.6M · 261 accts · $605K emplr
2023$19.5M · 264 accts · $576K emplr
2022$17.6M · 394 accts · $623K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,226
Investment management$15,344
Total administrative$56,570
The O'Hara Corporation 401(k) match · 2024
Employer contribution per active participant$1,667
Median for plans this size$2,416
2024$1,667 per active participant
2023$1,793 per active participant
2022$1,899 per active participant

O'Hara Corporation's 2024 employer contribution ran below the $2,416 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.

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
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$41,226
GUIDANCE POINT RETIREMENT SERVICES · Investment advisory (plan)$15,344
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

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

Administrative cost history3
2024$56,570 · 0.27%
2023$68,218 · 0.37%
2022$62,459 · 0.31%
Similar plansAgriculture, Forestry & Fishing · Maine
Wilson Farm, Inc. MA$23.0M · 0.18%
Agdata, L.P. NC$23.0M · 0.19%
Vaagen Bros Lumber Inc WA$22.9M · 0.38%
R.W. Sauder, Inc. PA$22.6M · 0.33%
Henry Avocado Corporation CA$22.5M · 0.00%
Allan Bros, Inc. WA$22.3M · 0.39%
Braga Ranch, Inc. CA$22.3M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010314950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.