Plan Ledger DOL Form 5500 · updated monthly

Ole Media Services, Inc.401(k)

OLE MEDIA SERVICES, INC. RETIREMENT PLAN · CORAL GABLES, FL · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Ole Media Services, Inc. reported $58,211 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,183 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 0.50% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 1,265th-largest of 3,644 plans among Florida employers on file, and 1,129th of 2,199 in information & media. In 2024, employees put in $3.27 for every $1.00 the employer contributed; active participation has shrunk from 162 to 131 since 2022.

Plan summary
Net assets, end of year$16,824,874
Participants with balances106
Active participants131
Employer contributions$286,026
Employee contributions$935,545
Employer contribution per active participant$2,183
Average account balance$158,725
Benefits paid to participants$445,203
Plan auditUnmodified (clean) audit opinion
AuditorPAAST, P.L.
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 106 accts · $286K emplr
2023$13.9M · 145 accts · $314K emplr
2022$10.3M · 134 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,032
Investment management$25,179
Total administrative$58,211
The Ole Media Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,183
Median for plans this size$2,416
2024$2,183 per active participant
2023$2,708 per active participant
2022$1,761 per active participant

Ole Media Services, 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
JOHN HANCOCK LIFE INSURANCE CO · Recordkeeping · Investment management$762
RAYMOND JAMES FSA INC. · Investment advisory (participants)$25,179

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$58,211 · 0.38%
2023$52,810 · 0.44%
2022$54,011 · 0.50%
Same employer
Similar plansInformation & Media · Florida
Newsmax Media, Inc. FL$17.9M · 0.47%
Multi Image Group, Inc. FL$17.6M · 0.28%
Pulau Corporation FL$17.0M · 0.53%
Healthaxis Group, LLC FL$16.8M · 0.36%
Nymbus, Inc. FL$16.1M · 0.65%
Tara Group, LLC FL$15.8M · 0.41%
Blue Stream Communications FL$15.5M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650642734 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.