Plan Ledger DOL Form 5500 · updated monthly

Oem Controls, Inc.401(k)

OEM CONTROLS, INC. PROFIT SHARING PLAN · SHELTON, CT · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Oem Controls, Inc. reported $78,149 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,302 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 0.10% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 399th-largest of 1,106 plans among Connecticut employers on file, and the 4,231st of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,549,887
Participants with balances258
Active participants196
Employer contributions$451,115
Employee contributions$961,736
Employer contribution per active participant$2,302
Average account balance$126,162
Benefits paid to participants$840,850
Plan auditUnmodified (clean) audit opinion
AuditorWALSH & DICKINSON
Plan history3
Yearassets · accounts · employer contribution
2024$32.5M · 258 accts · $451K emplr
2023$28.3M · 247 accts · $394K emplr
2022$24.6M · 233 accts · $374K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,410
Investment management$45,739
Total administrative$78,149
The Oem Controls, Inc. 401(k) match · 2024
Employer contribution per active participant$2,302
Median for plans this size$2,416
2024$2,302 per active participant
2023$1,906 per active participant
2022$2,030 per active participant

Oem Controls, 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 · 20242
WELLS FARGO CLEARING SERVICES LLC · Investment advisory (plan)$45,739
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect 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$78,149 · 0.26%
2023$62,745 · 0.24%
2022$28,749 · 0.10%
Same employer
Similar plansManufacturing · Connecticut
Penco Corporation CT$35.5M · 0.02%
Bedoukian Research, Inc. CT$34.6M · 0.35%
Dur-A-Flex, Inc CT$33.4M · 0.00%
Mossberg Corporation CT$32.0M · 0.05%
Beekley Corporation CT$31.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060811555 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.