Plan Ledger DOL Form 5500 · updated monthly

Omnia Partners, LLC401(k)

OMNIA PARTNERS 401(K) PLAN · FRANKLIN, TN · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Omnia Partners, LLC reported $105,763 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $3,590 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 2 years on file its reported administrative ratio fell from 0.36% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 354th-largest of 1,496 plans among Tennessee employers on file, and the 334th of 786 in management of companies. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 254 to 351 since 2022.

Plan summary
Net assets, end of year$36,771,107
Participants with balances374
Active participants351
Employer contributions$1,260,190
Employee contributions$3,009,982
Employer contribution per active participant$3,590
Average account balance$98,318
Benefits paid to participants$1,924,991
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.8M · 374 accts · $1.3M emplr
2023$29.7M · 341 accts · $1.1M emplr
2022$22.7M · 272 accts · $900K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,982
Investment management$47,781
Total administrative$105,763
The Omnia Partners, LLC 401(k) match · 2024
Employer contribution per active participant$3,590
Median for plans this size$2,416
2024$3,590 per active participant
2023$3,398 per active participant
2022$3,544 per active participant

Omnia Partners, LLC'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 · 20243
FIFTH THIRD BANK · Investment advisory (plan)$37,505
EMPOWER ADVISORY GROUP, LLC · Investment management$10,276

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$105,763 · 0.32%
2023$83,818 · 0.32%
2022$83,716 · 0.36%
Same employer
Similar plansManagement of Companies · Tennessee
The Terminix Company, LLC TN$483.2M · 0.18%
Sp Management Services, Inc. TN$413.6M · 0.23%
Churchill Holdings, Inc. TN$63.9M · 0.05%
Unaka Company, Inc TN$39.5M · 0.12%
Bpc Corporation TN$24.4M · 0.08%
Radians, Inc. TN$24.1M · 0.43%
Nixon Power Services TN$19.2M · 0.53%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 352640764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.