Plan Ledger DOL Form 5500 · updated monthly

Oneta Company401(k)

ONETA COMPANY PROFIT SHARING PLAN · CORPUS CHRISTI, TX · plan year 2024

Employer contribution per participant · 2024
$1,216

Oneta Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,532,562 across 120 participant accounts, with employer contributions averaging $1,216 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (4,187th of 5,688), and 3,702nd of 4,246 in wholesale trade. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,532,562
Participants with balances120
Active participants139
Employer contributions$169,000
Employee contributions$321,503
Employer contribution per active participant$1,216
Average account balance$37,771
Benefits paid to participants$366,343
Plan auditUnmodified (clean) audit opinion
AuditorADAMSON & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 120 accts · $169K emplr
2023$4.1M · 109 accts · $130K emplr
2022$3.7M · 104 accts · $130K emplr
The Oneta Company 401(k) match · 2024
Employer contribution per active participant$1,216
Median for plans this size$1,313
2024$1,216 per active participant
2023$977 per active participant
2022$922 per active participant

Oneta Company's 2024 employer contribution ran below 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
Same employer
Similar plansWholesale Trade · Texas
Ofs International, LLC TX$4.7M · 0.07%
Medinc of Texas, Inc. TX$4.7M · 0.77%
Global Views, L.P. TX$4.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741929308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.