Plan Ledger DOL Form 5500 · updated monthly

Ohl, N.A. 401(K) Plan401(k)

OHL N.A. 401(K) PLAN · EAST ELMHURST, NY · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Ohl, N.A. 401(K) Plan reported $163,140 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $3,697 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 0.14% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 772nd-largest of 5,648 plans among New York employers on file, and the 593rd of 5,337 in construction. In 2024, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$103,818,519
Participants with balances1,149
Active participants814
Employer contributions$3,009,359
Employee contributions$5,386,600
Employer contribution per active participant$3,697
Average account balance$90,356
Benefits paid to participants$11,779,345
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.8M · 1,149 accts · $3.0M emplr
2023$94.3M · 1,181 accts · $2.6M emplr
2022$83.7M · 1,243 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,140
Investment management$55,000
Total administrative$163,140
The Ohl, N.A. 401(K) Plan 401(k) match · 2024
Employer contribution per active participant$3,697
Median for plans this size$3,635
2024$3,697 per active participant
2023$3,303 per active participant
2022$4,411 per active participant

Ohl, N.A. 401(K) Plan's 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$108,140
WELLS FARGO ADVISORS · Investment advisory (plan)$55,000
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect 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$163,140 · 0.16%
2023$134,483 · 0.15%
2022$132,023 · 0.14%
Same employer
Similar plansConstruction · New York

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Source: U.S. Department of Labor, Form 5500 series, EIN 980461222 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.