Plan Ledger DOL Form 5500 · updated monthly

Oeconnection LLC401(k)

OECONNECTION 401(K) PLAN · FAIRLAWN, OH · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Oeconnection LLC reported $75,683 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,804 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 0.14% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 456th-largest of 3,295 plans among Ohio employers on file, and the 378th of 2,199 in information & media. In 2024, employees put in $2.33 for every $1.00 the employer contributed; active participation has grown from 527 to 629 since 2022.

Plan summary
Net assets, end of year$76,777,686
Participants with balances814
Active participants629
Employer contributions$2,392,442
Employee contributions$5,582,057
Employer contribution per active participant$3,804
Average account balance$94,321
Benefits paid to participants$4,637,492
Plan auditUnmodified (clean) audit opinion
AuditorBOBER MARKEY FEDOROVICH
Plan history3
Yearassets · accounts · employer contribution
2024$76.8M · 814 accts · $2.4M emplr
2023$61.0M · 757 accts · $2.1M emplr
2022$49.9M · 694 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,265
Investment management$11,418
Total administrative$75,683
The Oeconnection LLC 401(k) match · 2024
Employer contribution per active participant$3,804
Median for plans this size$3,635
2024$3,804 per active participant
2023$3,491 per active participant
2022$3,689 per active participant

Oeconnection LLC's 2024 employer contribution ran above 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$64,265
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,418

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$75,683 · 0.11%
2023$66,879 · 0.12%
2022$72,622 · 0.14%
Same employer
Similar plansInformation & Media · Ohio
Cengage Learning, Inc. OH$660.1M · 0.07%
Hyland Software, Inc. OH$512.0M · 0.10%
Block Communications, Inc. OH$210.6M · 0.11%
Oclc, Inc. OH$174.0M · 0.06%
Quadax, Inc. OH$48.8M · 0.96%
Foundation Software, LLC OH$42.9M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341950101 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.