Plan Ledger DOL Form 5500 · updated monthly

Oberer Residential Construction, LTD401(k)

OBERER COMPANIES 401(K) PLAN · MIAMISBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Oberer Residential Construction, LTD reported $16,404 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,272 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 0.03% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Ohio (1,711th of 3,295), and the 923rd of 2,096 in real estate & leasing. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has grown from 103 to 118 since 2022.

Plan summary
Net assets, end of year$13,347,543
Participants with balances141
Active participants118
Employer contributions$150,043
Employee contributions$536,376
Employer contribution per active participant$1,272
Average account balance$94,663
Benefits paid to participants$785,308
Plan auditUnmodified (clean) audit opinion
AuditorBRADY, WARE & SCHOENFELD, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 141 accts · $150K emplr
2023$11.6M · 141 accts · $131K emplr
2022$9.5M · 135 accts · $128K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,492
Investment management$1,012
Audit (IQPA)$11,900
Total administrative$16,404
The Oberer Residential Construction, LTD 401(k) match · 2024
Employer contribution per active participant$1,272
Median for plans this size$2,416
2024$1,272 per active participant
2023$1,189 per active participant
2022$1,244 per active participant

Oberer Residential Construction, LTD'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 · 20242
BRADY WARE & SCHOENFELD, INC. · Accounting / audit$11,900
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,492

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$16,404 · 0.13%
2023$10,306 · 0.10%
2022$3,470 · 0.03%
Similar plansReal Estate & Leasing · Ohio
Dhg Inc. OH$14.9M · 0.09%
Vinebrook Homes, LLC OH$14.6M · 0.65%
Goldberg Companies, Inc. OH$13.4M · 0.71%
A & a Safety, Inc. OH$12.6M · 0.62%
Budget Dumpster OH$12.4M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311621488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.