Plan Ledger DOL Form 5500 · updated monthly

Omada International, LLC401(k)

OMADA INTERNATIONAL, LLC 401(K) SAVINGS PLAN · SUMNER, WA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Omada International, LLC reported $61,935 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,423 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 has held roughly steady near 0.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,103rd of 1,714), and 9,039th of 13,661 in manufacturing. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has grown from 87 to 133 since 2022.

Plan summary
Net assets, end of year$9,433,303
Participants with balances104
Active participants133
Employer contributions$189,257
Employee contributions$361,176
Employer contribution per active participant$1,423
Average account balance$90,705
Benefits paid to participants$876,634
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.4M · 104 accts · $189K emplr
2023$8.6M · 103 accts · $155K emplr
2022$7.6M · 101 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,273
Investment management$29,662
Total administrative$61,935
The Omada International, LLC 401(k) match · 2024
Employer contribution per active participant$1,423
Median for plans this size$1,313
2024$1,423 per active participant
2023$1,599 per active participant
2022$2,149 per active participant

Omada International, LLC's 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$32,273
USI ADVISORS INC · Investment advisory (plan)$29,662

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$61,935 · 0.69%
2023$53,449 · 0.66%
2022$60,964 · 0.67%
Same employer
Similar plansManufacturing · Washington
Tidal Vision Products Inc WA$9.7M · 0.06%
Technical Services, Inc. WA$9.6M · 0.33%
Magnix USA, Inc. WA$9.4M · 0.03%
Loud Audio, LLC WA$9.2M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464074719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.