Plan Ledger DOL Form 5500 · updated monthly

Oml Inc.401(k)

OLIVER MARKETING 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Oml Inc. reported $190,150 in plan administrative expenses for 2024: 0.81% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,874 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 0.81%. 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 2,086th-largest of 5,648 plans among New York employers on file, and the 4,461st of 11,654 in professional & technical services. In 2024, employees put in $2.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,302,616
Participants with balances456
Active participants451
Employer contributions$1,747,329
Employee contributions$3,839,142
Employer contribution per active participant$3,874
Average account balance$59,874
Benefits paid to participants$1,617,888
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.3M · 456 accts · $1.7M emplr
2023$19.7M · 439 accts · $1.6M emplr
2022$12.8M · 421 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,150
Total administrative$190,150
The Oml Inc. 401(k) match · 2024
Employer contribution per active participant$3,874
Median for plans this size$2,416
2024$3,874 per active participant
2023$3,419 per active participant
2022$3,063 per active participant

Oml Inc.'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 · 20244
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$106,000
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$55,201
THE BENEFIT PRACTICE · Contract administrator · Other services$21,400
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$7,549

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$190,150 · 0.81%
2023$137,334 · 0.85%
2022$98,254 · 0.85%
Same employer
Similar plansProfessional & Technical Services · New York
Savin Engineers, P.C. NY$28.1M · 0.07%
Pentagram Design, Inc. NY$28.0M · 0.34%
K2 Intelligence, LLC NY$27.9M · 0.27%
Nexfirm LLC NY$27.2M · 0.80%
Tg Therapeutics, Inc. NY$26.8M · 0.03%
MARK43, Inc. NY$26.3M · 0.37%
Intercept Interactive Inc. NY$26.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371759037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.