Plan Ledger DOL Form 5500 · updated monthly

Omega Moulding Co LTD401(k)

OMEGA MOULDING CO LTD 401(K) PROFIT SHARING PLAN & TRUST · BELLPORT, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Omega Moulding Co LTD reported $920 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.71% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (4,813th of 5,648), and 4,247th of 5,215 in retail trade.

Plan summary
Net assets, end of year$3,351,864
Participants with balances239
Active participants195
Employer contributions$0
Employee contributions$169,955
Employer contribution per active participant$0
Average account balance$14,025
Benefits paid to participants$69,684
Plan auditUnmodified (clean) audit opinion
AuditorRHEIN & RUGGIERO CPAS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 239 accts
2023$2.8M · 191 accts · $48K emplr
2022$2.1M · 190 accts · $43K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60
Trustee / custodial$860
Total administrative$920
The Omega Moulding Co LTD 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2023$251 per active participant
2022$218 per active participant

Omega Moulding Co LTD's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$920 · 0.03%
2023$10,453 · 0.43%
2022$16,257 · 0.71%
Similar plansRetail Trade · New York
Lobster Place NY$3.6M · 0.05%
Diptyque Distribution LLC NY$3.5M · 0.12%
Chapter 4 Corp NY$3.3M · 0.69%
Catbird Nyc LLC NY$3.2M · 1.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112286816 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.