Plan Ledger DOL Form 5500 · updated monthly

On Demand Technologies Inc401(k)

ON DEMAND TECHNOLOGIES INC 401(K) PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

On Demand Technologies Inc reported $4,166 in plan administrative expenses for 2024: 0.17% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,249 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 1 year on file its reported administrative ratio rose from 0.13% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Florida (2,915th of 3,644), and 2,042nd of 2,199 in information & media. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,873,633
Participants with balances182
Active participants145
Employer contributions$326,115
Employee contributions$529,442
Employer contribution per active participant$2,249
Average account balance$15,789
Benefits paid to participants$360,690
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.9M · 182 accts · $326K emplr
2023$2.0M · 164 accts · $330K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,244
Investment management$1,922
Total administrative$4,166
The On Demand Technologies Inc 401(k) match · 2024
Employer contribution per active participant$2,249
Median for plans this size$1,313
2024$2,249 per active participant
2023$2,708 per active participant

On Demand Technologies Inc's 2024 employer contribution ran above the $1,313 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.

Administrative cost history2
2024$4,166 · 0.17%
2023$2,165 · 0.13%
Similar plansInformation & Media · Florida
Planhub, Inc FL$4.3M · 0.88%
Castalia Systems, LLC FL$4.3M · 0.78%
Health Gorilla Inc. FL$3.9M · 0.51%
Insite Capital LLC FL$2.8M · 1.24%
The Recon Group LLP FL$2.5M · 1.66%
Transworld Network Corp. FL$2.2M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823864668 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.