Plan Ledger DOL Form 5500 · updated monthly

Omelagah, Inc.401(k)

OMELAGAH, INC. RETIREMENT PLAN · HAYWARD, CA · plan year 2022

Employer contribution per participant · 2022
$720

Omelagah, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,229,899 across 44 participant accounts, with employer contributions averaging $720 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (8,695th of 9,483), and 10,699th of 11,911 in health care & social assistance. In 2022, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,229,899
Participants with balances44
Active participants101
Employer contributions$72,698
Employee contributions$177,783
Employer contribution per active participant$720
Average account balance$27,952
Benefits paid to participants$132,861
Plan auditUnmodified (clean) audit opinion
AuditorLANTAN AND ASSOCIATES
The Omelagah, Inc. 401(k) match · 2022
Employer contribution per active participant$720
Median for plans this size$1,114

Omelagah, Inc.'s 2022 employer contribution ran below the $1,114 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.

Similar plansHealth Care & Social Assistance · California
Lita and Ava, Inc. CA$1.2M · 0.68%
Unicare Inc CA$1.2M · 1.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272027310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.