Plan Ledger DOL Form 5500 · updated monthly

Oec Shipping Los Angeles, Inc.401(k)

OEC SHIPPING LOS ANGELES, INC. 401(K) PLAN · CERRITOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Oec Shipping Los Angeles, Inc. reported $45,931 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $1,663 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 0.47% to 0.37%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in California (4,783rd of 9,483), and the 986th of 2,677 in transportation & warehousing. In 2024, employees put in $3.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,917,550
Participants with balances211
Active participants168
Employer contributions$279,375
Employee contributions$1,078,804
Employer contribution per active participant$1,663
Average account balance$61,221
Benefits paid to participants$1,825,354
Plan auditUnmodified (clean) audit opinion
AuditorDAVID L. BUCK CPA
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 211 accts · $279K emplr
2023$11.7M · 208 accts · $295K emplr
2022$9.4M · 210 accts · $279K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,103
Investment management$24,828
Total administrative$45,931
The Oec Shipping Los Angeles, Inc. 401(k) match · 2024
Employer contribution per active participant$1,663
Median for plans this size$2,416
2024$1,663 per active participant
2023$1,686 per active participant
2022$1,540 per active participant

Oec Shipping Los Angeles, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
PENSIONMARK FINANCIAL GROUP, LLC · Recordkeeping · Trustee$24,827
ADP, INC. · Loan processing · Recordkeeping$21,103
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, PENSIONMARK FINANCIAL GROUP, LLC
2023ADP, PENSIONMARK FINANCIAL GROUP, LLC

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Administrative cost history3
2024$45,931 · 0.37%
2023$44,353 · 0.42%
2022$50,239 · 0.47%
Same employer
Similar plansTransportation & Warehousing · California
Roadone West, Inc. CA$13.0M · 0.73%
Kkw Trucking, Inc. CA$12.9M · 0.62%
Binex CA$12.9M · 0.44%
Ventura Transfer Company CA$12.8M · 0.44%
Morrison Express Corp.Usa CA$12.4M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954682826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.