Plan Ledger DOL Form 5500 · updated monthly

Onemain General Services Corporation401(k)

ONEMAIN 401(K) PLAN · EVANSVILLE, IN · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Onemain General Services Corporation reported $882,043 in plan administrative expenses for 2024: 0.14% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,120 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 rose from 0.13% to 0.14%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 26th-largest of 1,562 plans among Indiana employers on file, and the 254th of 4,798 in finance & insurance. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$650,643,476
Participants with balances8,560
Active participants9,172
Employer contributions$19,445,437
Employee contributions$37,583,551
Employer contribution per active participant$2,120
Average account balance$76,010
Benefits paid to participants$66,586,811
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$650.6M · 8,560 accts · $19.4M emplr
2023$582.7M · 9,347 accts · $19.3M emplr
2022$490.4M · 8,952 accts · $18.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$536,853
Investment management$310,170
Audit (IQPA)$35,020
Total administrative$882,043
The Onemain General Services Corporation 401(k) match · 2024
Employer contribution per active participant$2,120
Median for plans this size$4,294
2024$2,120 per active participant
2023$2,130 per active participant
2022$2,011 per active participant

Onemain General Services Corporation's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$536,853
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$216,432
AON INVESTMENTS USA INC. · Consulting$93,738
WHITLEY PENN LLP · Accounting / audit$35,020

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$882,043 · 0.14%
2023$776,522 · 0.14%
2022$711,797 · 0.13%
Same employer
Similar plansFinance & Insurance · Indiana
Ath Holding Company, LLC IN$12.1B · 0.05%
The Hometown Savings Bank IN$1.0B · 0.00%
Cno Services, LLC IN$597.0M · 0.12%
Medpro Group IN$369.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461095755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.