Plan Ledger DOL Form 5500 · updated monthly

Omni Systems, Inc.401(k)

OMNI SYSTEMS, INC. 401(K) PLAN AND TRUST · MAYFIELD VILLAGE, OH · plan year 2024

Employer contribution per participant · 2024
$2,793

Omni Systems, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $11,609,007 across 217 participant accounts, with employer contributions averaging $2,793 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (1,853rd of 3,295), and 8,160th of 13,661 in manufacturing. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,609,007
Participants with balances217
Active participants262
Employer contributions$731,687
Employee contributions$1,100,552
Employer contribution per active participant$2,793
Average account balance$53,498
Benefits paid to participants$747,782
Plan auditUnmodified (clean) audit opinion
AuditorSTEFANEK REGALBUTO LLC
Plan history2
Yearassets · accounts · employer contribution
2024$11.6M · 217 accts · $732K emplr
2022$5.2M · 89 accts · $334K emplr
The Omni Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,793
Median for plans this size$1,313
2024$2,793 per active participant
2022$2,530 per active participant

Omni Systems, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history2
2024Not separately reported
2022$10,508 · 0.18%
Same employer
Similar plansManufacturing · Ohio
The Sutphen Corp. OH$11.7M · 0.35%
Kovatch Castings OH$11.6M · 0.44%
Princeton Tool, Inc. OH$11.6M · 0.57%
Ft Precision Inc. OH$11.5M · 0.09%
Rfd Beaufort Inc. OH$11.5M · 0.68%
Vinylmax LLC OH$11.5M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341646871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.