Plan Ledger DOL Form 5500 · updated monthly

Omni Metal Finishing Inc401(k)

OMNI METAL FINISHING INC 401K PLAN · FOUNTAIN VLY, CA · plan year 2022

Reported admin expense ratio · 2022
1.87%

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

Omni Metal Finishing Inc reported $5,199 in plan administrative expenses for 2022: 1.87% of average plan assets, higher than ~75% of peers. Employer contributions averaged $729 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (9,197th of 9,483), and 13,547th of 13,661 in manufacturing. In 2022, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$288,948
Participants with balances91
Active participants92
Employer contributions$67,080
Employee contributions$139,121
Employer contribution per active participant$729
Average account balance$3,175
Benefits paid to participants$129,202
Plan auditUnmodified (clean) audit opinion
AuditorPLANCHEC(K) CPA'S LLC
The Omni Metal Finishing Inc 401(k) match · 2022
Employer contribution per active participant$729
Median for plans this size$331

Omni Metal Finishing Inc's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$5,199 · 1.87%
Same employer
Similar plansManufacturing · California
Rogar Manufacturing Inc CA$400K · 0.01%
Holland Nut Company CA$350K · 1.59%
Outer Aisle, LLC CA$265K · 1.06%
Famarock Inc CA$264K · 0.19%
Colorcoat, Inc CA$258K · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953459829 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.