Plan Ledger DOL Form 5500 · updated monthly

Oconnell & Lawrence, Inc.401(k)

O'CONNELL & LAWRENCE, INC. EMPLOYEES 401(K) PLAN & TRUST · OLNEY, MD · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Oconnell & Lawrence, Inc. reported $15,324 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $657 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Maryland (1,155th of 1,671), and 9,060th of 11,654 in professional & technical services. In 2022, employees put in $7.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,944,297
Participants with balances70
Active participants96
Employer contributions$63,058
Employee contributions$462,223
Employer contribution per active participant$657
Average account balance$99,204
Benefits paid to participants$641,520
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,324
Total administrative$15,324
The Oconnell & Lawrence, Inc. 401(k) match · 2022
Employer contribution per active participant$657
Median for plans this size$1,114

Oconnell & Lawrence, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,324 · 0.20%
Similar plansProfessional & Technical Services · Maryland
Infinity HR MD$7.1M · 0.67%
Ci Design Inc. MD$7.0M · 0.73%
1 Source Consulting, Inc. MD$6.9M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521863476 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.