Plan Ledger DOL Form 5500 · updated monthly

Omega Acquisition Corp401(k)

OMEGA ACQUISITION CORP RETIREMENT PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Omega Acquisition Corp reported $33,816 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $1,809 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 0.24% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,805th-largest of 5,688 plans among Texas employers on file, and the 1,656th of 4,246 in wholesale trade. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 377 to 439 since 2022.

Plan summary
Net assets, end of year$23,580,093
Participants with balances341
Active participants439
Employer contributions$794,221
Employee contributions$1,658,827
Employer contribution per active participant$1,809
Average account balance$69,150
Benefits paid to participants$2,170,821
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.6M · 341 accts · $794K emplr
2023$21.0M · 338 accts · $758K emplr
2022$15.3M · 278 accts · $755K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,816
Total administrative$33,816
The Omega Acquisition Corp 401(k) match · 2024
Employer contribution per active participant$1,809
Median for plans this size$2,416
2024$1,809 per active participant
2023$1,634 per active participant
2022$2,004 per active participant

Omega Acquisition Corp'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
ADP, INC. · Loan processing · Recordkeeping$9,181
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$24,635

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$33,816 · 0.15%
2023$40,579 · 0.22%
2022$39,986 · 0.24%
Similar plansWholesale Trade · Texas
Litex Industries, Inc. TX$24.8M · 0.06%
Tidel Engineering LP TX$24.4M · 0.53%
Pss Holdings, LLC TX$24.2M · 0.35%
The Clampitt Companies, LLC TX$23.0M · 0.42%
Cantex Inc. TX$22.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453999281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.