Plan Ledger DOL Form 5500 · updated monthly

Omni Fed LLC401(k)

OMNI FED LLC 401(K) PLAN · GAINESVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Omni Fed LLC reported $41,749 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $4,405 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,227th of 2,266), and 6,739th of 11,654 in professional & technical services. In 2024, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,349,992
Participants with balances272
Active participants312
Employer contributions$1,374,249
Employee contributions$3,297,312
Employer contribution per active participant$4,405
Average account balance$52,757
Benefits paid to participants$1,150,721
Plan auditUnmodified (clean) audit opinion
AuditorTHOMPSON GREENSPON
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,749
Total administrative$41,749
The Omni Fed LLC 401(k) match · 2024
Employer contribution per active participant$4,405
Median for plans this size$2,416

Omni Fed LLC's 2024 employer contribution ran above the $2,416 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$41,749
SIGNATURE ESTATE SECURITIES, LLC · Other servicesindirect comp
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$41,749 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Virginia
Decision Technologies, Inc. VA$14.6M · 0.35%
Renxtech, LLC VA$14.4M · 0.27%
Verato Inc. VA$14.1M · 0.20%
Deque Systems Inc. VA$14.0M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820994950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.