Plan Ledger DOL Form 5500 · updated monthly

Odyssey Systems Consulting Group401(k)

ODYSSEY SYSTEMS CONSULTING GROUP LTD 401(K) PLAN · WAKEFIELD, MA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Odyssey Systems Consulting Group reported $11,752 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,266 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 0.007% to 0.010%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 368th-largest of 2,726 plans among Massachusetts employers on file, and the 1,227th of 11,654 in professional & technical services. In 2024, employees put in $3.42 for every $1.00 the employer contributed; active participation has grown from 700 to 1,397 since 2022.

Plan summary
Net assets, end of year$125,830,831
Participants with balances1,567
Active participants1,397
Employer contributions$4,562,952
Employee contributions$15,584,438
Employer contribution per active participant$3,266
Average account balance$80,300
Benefits paid to participants$14,943,299
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$125.8M · 1,567 accts · $4.6M emplr
2023$99.0M · 1,447 accts · $3.0M emplr
2022$75.4M · 1,134 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,752
Total administrative$11,752
The Odyssey Systems Consulting Group 401(k) match · 2024
Employer contribution per active participant$3,266
Median for plans this size$3,635
2024$3,266 per active participant
2023$2,604 per active participant
2022$3,324 per active participant

Odyssey Systems Consulting Group's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,750
LPL FINANCIAL LLCindirect 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$11,752 · 0.01%
2023$8,236 · 0.01%
2022$5,699 · 0.01%
Same employer
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Agios Pharmaceuticals MA$134.2M · 0.05%
Tuv Sud America, Inc. MA$131.3M · 0.04%
Ideo, LP MA$131.0M · 0.09%
Jeol USA, Inc. MA$124.4M · 0.06%
The Swan Group, LLC MA$124.3M · 0.07%
Healthedge Software, Inc MA$121.1M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043373471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.