Plan Ledger DOL Form 5500 · updated monthly

Oci USA Inc, a Delaware Corporation401(k)

OCI AMERICAS SAVINGS PLAN · WEVER, IA · plan year 2023

Reported admin expense ratio · 2023
0.02%

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

Oci USA Inc, a Delaware Corporation reported $15,650 in plan administrative expenses for 2023: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,229 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 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 123rd-largest of 878 plans among Iowa employers on file, and the 2,300th of 13,661 in manufacturing. In 2023, employees put in $1.02 for every $1.00 the employer contributed; active participation has grown from 531 to 619 since 2022.

Plan summary
Net assets, end of year$76,933,159
Participants with balances772
Active participants619
Employer contributions$6,331,804
Employee contributions$6,470,405
Employer contribution per active participant$10,229
Average account balance$99,654
Benefits paid to participants$5,274,864
Plan auditUnmodified (clean) audit opinion
AuditorMENKE & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$69.3M · 681 accts · $7.5M emplr
2023$76.9M · 772 accts · $6.3M emplr
2022$57.3M · 661 accts · $5.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$15,650
Total administrative$15,650
The Oci USA Inc, a Delaware Corporation 401(k) match · 2023
Employer contribution per active participant$10,229
Median for plans this size$3,659
2024$19,423 per active participant
2023$10,229 per active participant
2022$9,672 per active participant

Oci USA Inc, a Delaware Corporation's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
MINNESOTA LIFE INSURANCE COMPANY · Contract administrator · Recordkeeping$15,649

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
2023Securian

This plan has changed recordkeepers within these filings. If you left Oci USA Inc, a Delaware Corporation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,642 · 0.07%
2023$15,650 · 0.02%
2022$15,867 · 0.03%
Similar plansManufacturing · Iowa
Sukup Manufacturing Company IA$85.2M · 0.51%
Mittera Group, Inc. IA$85.1M · 0.27%
Diamond Vogel, Inc. IA$81.0M · 0.22%
Lisle Corporation IA$75.1M · 0.02%
Centro, Inc. IA$74.1M · 0.21%
National Carwash Solutions IA$71.6M · 0.31%
M.A. Ford Mfg. Co., Inc. IA$71.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990373857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.