Plan Ledger DOL Form 5500 · updated monthly

Oasis Systems, LLC401(k)

OASIS SYSTEMS, LLC 401(K) PLAN · BURLINGTON, MA · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Oasis Systems, LLC reported $472,285 in plan administrative expenses for 2023: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,371 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 1 year on file its reported administrative ratio fell from 0.18% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other professional & technical services employers. By assets it is the 166th-largest of 2,726 plans among Massachusetts employers on file, and the 513th of 11,654 in professional & technical services. In 2023, employees put in $2.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$334,032,269
Participants with balances4,163
Active participants2,793
Employer contributions$12,207,790
Employee contributions$29,366,278
Employer contribution per active participant$4,371
Average account balance$80,238
Benefits paid to participants$62,393,179
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$334.0M · 4,163 accts · $12.2M emplr
2022$295.5M · 3,067 accts · $8.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$199,625
Investment management$261,160
Audit (IQPA)$11,500
Total administrative$472,285
The Oasis Systems, LLC 401(k) match · 2023
Employer contribution per active participant$4,371
Median for plans this size$4,362
2023$4,371 per active participant
2022$4,144 per active participant

Oasis Systems, LLC's 2023 employer contribution ran above the $4,362 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$199,651
SMITH THORNTON ADVISORS, LLC · Investment advisory (plan)$148,864
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$80,624
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$20,145
CARON AND BLETZER, PLLC · Accounting / audit$11,500

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

Administrative cost history2
2023$472,285 · 0.15%
2022$393,189 · 0.18%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Cornerstone Research, Inc. MA$346.4M · 0.00%
Intersystems Corporation MA$341.1M · 0.00%
Cra International, Inc. MA$334.4M · 0.09%
Toast, Inc. MA$323.2M · 0.14%
Public Consulting Group LLC MA$311.0M · 0.11%
Abt Associates Inc MA$297.9M · 0.07%
Erin Rojas MA$286.1M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043382761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.