Plan Ledger DOL Form 5500 · updated monthly

Oeg Building Materials, Inc.401(k)

OEG BUILDING MATERIALS, INC. LIBERTY 401(K) PLAN · SAYREVILLE, NJ · plan year 2022

Employer contribution per participant · 2022
$252

Oeg Building Materials, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $121,019 across 5 participant accounts, with employer contributions averaging $252 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Jersey (2,366th of 2,419), and 5,166th of 5,215 in retail trade. In 2022, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$121,019
Participants with balances5
Active participants149
Employer contributions$37,619
Employee contributions$83,400
Employer contribution per active participant$252
Average account balance$24,204
Plan auditUnmodified (clean) audit opinion
AuditorHIRSCH DINTER & CO.
The Oeg Building Materials, Inc. 401(k) match · 2022
Employer contribution per active participant$252
Median for plans this size$331

Oeg Building Materials, Inc.'s 2022 employer contribution ran below the $331 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 203831640 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.