Plan Ledger DOL Form 5500 · updated monthly

Offshore International, Inc.401(k)

THE OFFSHORE GROUP RETIREMENT 401(K) PLAN · TUCSON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Offshore International, Inc. reported $33,732 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $1,247 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 1.01% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Arizona (851st of 1,285), and 1,541st of 2,096 in real estate & leasing. In 2024, employees put in $2.49 for every $1.00 the employer contributed; active participation has shrunk from 147 to 132 since 2022.

Plan summary
Net assets, end of year$4,782,634
Participants with balances154
Active participants132
Employer contributions$164,625
Employee contributions$409,294
Employer contribution per active participant$1,247
Average account balance$31,056
Benefits paid to participants$522,604
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.8M · 154 accts · $165K emplr
2023$4.3M · 160 accts · $151K emplr
2022$3.4M · 158 accts · $138K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,724
Investment management$15,008
Total administrative$33,732
The Offshore International, Inc. 401(k) match · 2024
Employer contribution per active participant$1,247
Median for plans this size$1,313
2024$1,247 per active participant
2023$1,092 per active participant
2022$938 per active participant

Offshore International, Inc.'s 2024 employer contribution ran below the $1,313 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$18,723
CAMBRIDGE INVESTMENT RESEARCH, INC. · Investment advisory (plan)$15,008

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$33,732 · 0.75%
2023$28,040 · 0.74%
2022$43,530 · 1.01%
Same employer
Similar plansReal Estate & Leasing · Arizona
Mainstay Labs Inc. AZ$5.2M · 0.02%
Pillar Communities, LLC AZ$4.8M · 0.86%
Driggs Title Agency, Inc. AZ$4.6M · 0.71%
Rise, Inc. AZ$4.5M · 1.46%
Inspire Communities, LLC AZ$4.0M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860560655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.