Plan Ledger DOL Form 5500 · updated monthly

Oconomowoc Residential Programs, Inc.401(k)

MYPATH 401(K) RETIREMENT PLAN · OCONOMOWOC, WI · plan year 2024

Reported admin expense ratio · 2024
0.86%

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

Oconomowoc Residential Programs, Inc. reported $315,665 in plan administrative expenses for 2024: 0.86% of average plan assets, higher than ~90% of peers. Employer contributions averaged $109 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 1.03% to 0.86%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 499th-largest of 1,936 plans among Wisconsin employers on file, and the 2,265th of 11,911 in health care & social assistance. In 2024, employees put in $28.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$39,347,115
Participants with balances2,167
Active participants1,583
Employer contributions$172,668
Employee contributions$4,954,311
Employer contribution per active participant$109
Average account balance$18,157
Benefits paid to participants$4,248,446
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 2,167 accts · $173K emplr
2023$34.4M · 2,029 accts
2022$28.1M · 2,020 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$219,791
Investment management$84,897
Trustee / custodial$10,977
Total administrative$315,665
The Oconomowoc Residential Programs, Inc. 401(k) match · 2024
Employer contribution per active participant$109
Median for plans this size$2,416

Oconomowoc Residential Programs, Inc.'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 · 20243
NEWPORT GROUP, INC. · Claims processing · Recordkeeping$219,791
SPECTRUM INVESTMENT ADVISORS · Investment advisory (plan)$84,897
NEWPORT TRUST COMPANY · Claims processing · Custodial (securities)$10,977

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$315,665 · 0.86%
2023$301,726 · 0.97%
2022$313,464 · 1.03%
All plans at this employer2
MYPATH 401(K) RETIREMENT PLAN401(k)
MYPATH EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Agrace Hospicecare WI$41.6M · 0.08%
My Choice Wisconsin, Inc. WI$41.5M · 0.40%
Richland Hospital, Inc. WI$39.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391510207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.