Plan Ledger DOL Form 5500 · updated monthly

Oceana, Inc.403(b)

OCEANA, INC. RETIREMENT PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Oceana, Inc. reported $76,965 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $12,288 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 0.29% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 211th-largest of 618 plans among District of Columbia employers on file, and the 556th of 3,341 in other services. In 2024, the employer put in $1.39 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$39,211,173
Participants with balances235
Active participants133
Employer contributions$1,634,297
Employee contributions$1,173,381
Employer contribution per active participant$12,288
Average account balance$166,856
Benefits paid to participants$2,528,083
Plan auditDisclaimer of opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$39.2M · 235 accts · $1.6M emplr
2023$33.8M · 242 accts · $1.6M emplr
2022$26.6M · 232 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,480
Investment management$32,500
Audit (IQPA)$8,985
Total administrative$76,965
Employer contributions to the Oceana, Inc. plan · 2024
Employer contribution per active participant$12,288
Median for plans this size$2,416
2024$12,288 per active participant
2023$11,884 per active participant
2022$10,283 per active participant

Oceana, Inc.'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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$101,128
APRIO LLP · Accounting / auditindirect comp
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect comp
CREATIVE PLANNING LLC · Investment advisory (participants)indirect comp

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$76,965 · 0.21%
2023$88,201 · 0.29%
2022$82,710 · 0.29%
Same employer
Similar plansOther Services · District of Columbia
Leadingage, Inc. DC$41.3M · 0.00%
Share Our Strength DC$39.1M · 0.31%
Pact, Inc. DC$38.4M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510401308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.