Plan Ledger DOL Form 5500 · updated monthly

Omniengine LLC401(k)

OMNIENGINE 401(K) PLAN · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
1.92%

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

Omniengine LLC reported $13,666 in plan administrative expenses for 2023: 1.92% of average plan assets, above the peer median. Employer contributions averaged $2,117 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 2.75% to 2.00%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (1,174th of 1,285), and 11,318th of 11,654 in professional & technical services. In 2023, employees put in $2.21 for every $1.00 the employer contributed; active participation has shrunk from 42 to 26 since 2022.

Plan summary
Net assets, end of year$805,498
Participants with balances169
Active participants26
Employer contributions$55,049
Employee contributions$121,895
Employer contribution per active participant$2,117
Average account balance$4,766
Benefits paid to participants$52,080
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$640K · 99 accts · $19K emplr
2023$805K · 169 accts · $55K emplr
2022$621K · 167 accts · $57K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,952
Total administrative$13,666
The Omniengine LLC 401(k) match · 2023
Employer contribution per active participant$2,117
Median for plans this size$522
2024$9,359 per active participant
2023$2,117 per active participant
2022$1,353 per active participant

Omniengine LLC's 2023 employer contribution ran above the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TRANSAMERICA LIFE INSURANCE CO · Recordkeeping · Loan processing$10,952
THE RYDING COMPANY · Recordkeeping · Loan processing$2,714

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024THE RYDING COMPANY, Transamerica
2023THE RYDING COMPANY, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,453 · 2.00%
2023$13,666 · 1.92%
2022$18,988 · 2.75%
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Source: U.S. Department of Labor, Form 5500 series, EIN 611896301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.