Plan Ledger DOL Form 5500 · updated monthly

Omeros Corporation401(k)

OMEROS CORPORATION RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Omeros Corporation reported $675 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,148 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 3 years on file its reported administrative ratio has held roughly steady near 0.002%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 459th-largest of 1,714 plans among Washington employers on file, and the 3,647th of 11,654 in professional & technical services. In 2024, employees put in $4.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,437,849
Participants with balances308
Active participants203
Employer contributions$638,952
Employee contributions$3,020,351
Employer contribution per active participant$3,148
Average account balance$115,058
Benefits paid to participants$2,720,923
Plan auditUnmodified (clean) audit opinion
AuditorGREENWOOD, OHLUND & CO. CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$35.4M · 308 accts · $639K emplr
2023$30.1M · 314 accts · $618K emplr
2022$25.3M · 320 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$675
Total administrative$675
The Omeros Corporation 401(k) match · 2024
Employer contribution per active participant$3,148
Median for plans this size$2,416
2024$3,148 per active participant
2023$3,121 per active participant
2022$3,072 per active participant

Omeros Corporation's 2024 employer contribution ran above 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
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)indirect comp
CHARLES SCHWAB & CO., INC. · Custodial · Custodial (securities)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 history3
2024$675 · 0.00%
2023$500 · 0.00%
2022$600 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Washington
Rover Group, Inc. WA$40.3M · 0.03%
Porch WA$37.9M · 0.37%
Cowi North America, Inc. WA$36.8M · 0.16%
Reid Middleton Inc WA$35.0M · 0.04%
Inspirage, LLC WA$34.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911663741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.