Plan Ledger DOL Form 5500 · updated monthly

On Services, LLC401(k)

ON SERVICES 401(K) RETIREMENT SAVINGS PLAN · NORCROSS, GA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

On Services, LLC reported $49,388 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,831 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 0.27% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Georgia (1,304th of 2,160), and 1,170th of 2,096 in real estate & leasing. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,100,192
Participants with balances166
Active participants258
Employer contributions$472,425
Employee contributions$1,067,651
Employer contribution per active participant$1,831
Average account balance$54,820
Benefits paid to participants$154,751
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.1M · 166 accts · $472K emplr
2023$6.2M · 117 accts · $284K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,388
Investment management$15,000
Total administrative$49,388
The On Services, LLC 401(k) match · 2024
Employer contribution per active participant$1,831
Median for plans this size$1,313
2024$1,831 per active participant
2023$1,158 per active participant

On Services, LLC'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.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$34,388
INVESTMENT RESEARCH & ADVISORY · Investment advisory (plan)$15,000

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

Administrative cost history2
2024$49,388 · 0.64%
2023$16,812 · 0.27%
Same employer
Similar plansReal Estate & Leasing · Georgia
Resicap Payroll LLC GA$10.2M · 0.69%
Eci Construction, LLC GA$8.6M · 1.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 921256764 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.