Plan Ledger DOL Form 5500 · updated monthly

Omni-Serv, LLC401(k)

OMNI-SERV 401(K) PLAN · NEWARK, NJ · plan year 2022

Reported admin expense ratio · 2022
1.58%

Omni-Serv, LLC reported $3,496 in plan administrative expenses for 2022: 1.58% of average plan assets, above the peer median. 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 rose from 0.23% to 1.58%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in New Jersey (2,342nd of 2,419), and 2,548th of 2,677 in transportation & warehousing.

Plan summary
Net assets, end of year$248,617
Participants with balances24
Active participants308
Employer contributions—
Employee contributions$98,862
Employer contribution per active participant—
Average account balance$10,359
Benefits paid to participants$4,356
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2022$249K · 24 accts
2019$13K · 14 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,496
Total administrative$3,496
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 history2
2022$3,496 · 1.58%
2019$29 · 0.23%
Same employer
Similar plansTransportation & Warehousing · New Jersey
Jays Bus Service, Inc. NJ$518K · 1.79%
Hain Logistics, Inc. NJ$271K · 0.73%
Last Mile Deliveries LLC NJ$206K · 0.52%
Plutus Logistic Corp NJ$198K · 0.51%
Appathon LLC NJ$192K · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 223597802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.