Plan Ledger DOL Form 5500 · updated monthly

Office Management Systems, Inc.401(k)

OFFICE MANAGEMENT SYSTEMS, INC. 401(K) AND PROFIT SHARING PLAN · COLUMBUS, MS · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Office Management Systems, Inc. reported $69,386 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,267 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 3 years on file its reported administrative ratio rose from 0.45% to 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 114th-largest of 367 plans among Mississippi employers on file, and 6,227th of 11,654 in professional & technical services. In 2024, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,547,400
Participants with balances171
Active participants160
Employer contributions$202,767
Employee contributions$625,061
Employer contribution per active participant$1,267
Average account balance$96,768
Benefits paid to participants$1,060,931
Plan auditUnmodified (clean) audit opinion
AuditorHORNE, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$16.3M · 158 accts · $184K emplr
2024$16.5M · 171 accts · $203K emplr
2023$14.7M · 169 accts · $192K emplr
2022$13.8M · 159 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,386
Total administrative$69,386
The Office Management Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$1,267
Median for plans this size$2,416
2025$1,224 per active participant
2024$1,267 per active participant
2023$1,209 per active participant
2022$1,363 per active participant

Office Management Systems, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
LINCOLN RETIREMENT SERVICES · Contract administrator$68,785
STIFEL NICOLAUS AND CO INC$39,846
T. E. LOTT AND COMPANY$13,526

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

Administrative cost history4
2025$84,036 · 0.51%
2024$69,386 · 0.44%
2023$63,054 · 0.44%
2022$68,069 · 0.45%
Same employer
Similar plansProfessional & Technical Services · Mississippi
Seemann Composites, LLC MS$21.5M · 0.16%
Youngwilliams, P.C. MS$19.8M · 0.43%
Waggoner Engineering, Inc. MS$10.9M · 0.41%
HR New Hire, LLC MS$8.0M · 0.02%
Nvision Solutions, Inc. MS$4.2M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640679888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.