Plan Ledger DOL Form 5500 · updated monthly

Oei, Inc.401(k)

OLSSON, INC. 401(K) PROFIT SHARING PLAN · LINCOLN, NE · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Oei, Inc. reported $349,160 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,619 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 0.16% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 30th-largest of 565 plans among Nebraska employers on file, and the 610th of 11,654 in professional & technical services. In 2024, employees put in $3.57 for every $1.00 the employer contributed; active participation has grown from 1,755 to 2,076 since 2022.

Plan summary
Net assets, end of year$276,634,217
Participants with balances2,498
Active participants2,076
Employer contributions$5,436,061
Employee contributions$19,393,309
Employer contribution per active participant$2,619
Average account balance$110,742
Benefits paid to participants$24,876,031
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ
Plan history3
Yearassets · accounts · employer contribution
2024$276.6M · 2,498 accts · $5.4M emplr
2023$226.0M · 2,307 accts · $4.6M emplr
2022$175.1M · 2,147 accts · $5.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$214,147
Investment management$135,013
Total administrative$349,160
The Oei, Inc. 401(k) match · 2024
Employer contribution per active participant$2,619
Median for plans this size$4,294
2024$2,619 per active participant
2023$2,407 per active participant
2022$2,973 per active participant

Oei, Inc.'s 2024 employer contribution ran below the $4,294 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
JOHN HANCOCK RETIREMENT PLAN SVCS. · Recordkeeping · Loan processing$214,147
D.A. DAVIDSON & CO. · Investment advisory (plan)$135,013

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$349,160 · 0.14%
2023$299,767 · 0.15%
2022$297,745 · 0.16%
All plans at this employer2
OLSSON, INC. 401(K) PROFIT SHARING PLAN401(k)
OLSSON, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 470532319 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.