Plan Ledger DOL Form 5500 · updated monthly

Omega Systems Consultants, LLC401(k)

OMEGA SYSTEMS CONSULTANTS, LLC 401(K) PLAN · WEST LAWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Omega Systems Consultants, LLC reported $47,815 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $2,867 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,514th of 3,651), and 8,658th of 11,654 in professional & technical services. In 2024, employees put in $2.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,079,087
Participants with balances155
Active participants160
Employer contributions$458,737
Employee contributions$943,793
Employer contribution per active participant$2,867
Average account balance$52,123
Benefits paid to participants$1,776,765
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,626
Investment management$5,189
Total administrative$47,815
The Omega Systems Consultants, LLC 401(k) match · 2024
Employer contribution per active participant$2,867
Median for plans this size$1,313

Omega Systems Consultants, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$7,627
IFP SECURITIES LLC · Investment advisory (plan)$5,189
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$47,815 · 0.69%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Sdlc Management, Inc. PA$8.1M · 0.75%
Slipstream IT, LLC PA$8.1M · 0.91%
The Vista School PA$8.0M · 0.61%
Dvsport, Inc. PA$8.0M · 0.13%
Vitalyst, LLC PA$7.8M · 0.70%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 205791145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.