Plan Ledger DOL Form 5500 · updated monthly

Obsidian Global, LLC401(k)

OBSIDIAN GLOBAL LLC 401(K) PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Obsidian Global, LLC reported $66,718 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,751 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 1.01% to 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in District of Columbia (418th of 618), and 7,562nd of 11,654 in professional & technical services. In 2024, employees put in $2.73 for every $1.00 the employer contributed; active participation has grown from 163 to 258 since 2022.

Plan summary
Net assets, end of year$11,433,498
Participants with balances282
Active participants258
Employer contributions$709,660
Employee contributions$1,939,918
Employer contribution per active participant$2,751
Average account balance$40,544
Benefits paid to participants$1,402,252
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 282 accts · $710K emplr
2023$8.0M · 225 accts · $507K emplr
2022$5.7M · 218 accts · $443K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,646
Investment management$30,072
Total administrative$66,718
The Obsidian Global, LLC 401(k) match · 2024
Employer contribution per active participant$2,751
Median for plans this size$1,313
2024$2,751 per active participant
2023$2,769 per active participant
2022$2,721 per active participant

Obsidian Global, LLC's 2024 employer contribution ran above the $1,313 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$36,646
LPL FINANCIAL CORPORATION RPCP · Investment advisory (plan)$15,036
M3 ADVISORY GROUP LLC · Investment advisory (plan)$15,036

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$66,718 · 0.69%
2023$56,361 · 0.82%
2022$60,544 · 1.01%
Same employer
Similar plansProfessional & Technical Services · District of Columbia
Pingwind, Inc. DC$11.9M · 0.10%
Bcs, LLC DC$11.9M · 0.63%
Gallagher & Associates, LLC DC$11.8M · 0.43%
Veracity Engineering, LLC DC$11.7M · 0.44%
Elias Law Group LLP DC$11.2M · 0.59%
Kaiser Associates, Inc. DC$10.6M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463825621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.