Plan Ledger DOL Form 5500 · updated monthly

Omalley Wood Products, Inc401(k)

O'MALLEY WOOD PRODUCTS, INC 401(K) PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

Omalley Wood Products, Inc reported $2,203 in plan administrative expenses for 2022: 0.72% of average plan assets, below the peer median. Employer contributions averaged $133 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Maryland (1,645th of 1,671), and 13,538th of 13,661 in manufacturing. In 2022, employees put in $7.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$330,150
Participants with balances44
Active participants104
Employer contributions$13,790
Employee contributions$98,828
Employer contribution per active participant$133
Average account balance$7,503
Benefits paid to participants$17,019
Plan auditUnmodified (clean) audit opinion
AuditorWEYRICH CRONIN & SORRA
The Omalley Wood Products, Inc 401(k) match · 2022
Employer contribution per active participant$133
Median for plans this size$331

Omalley Wood Products, Inc's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,203 · 0.72%
Same employer
Similar plansManufacturing · Maryland
Nimbus Boats USA LLC MD$1.9M · 0.88%
Hadley Farms, Inc. MD$1.9M · 0.97%
Ktm Industries Inc MI$334K · 0.94%
Iml Containers Iowa, Inc. IA$333K · 1.53%
Roicom USA, LLC TX$333K · 1.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521189472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.