How much does Onin Holdings, Inc. contribute to its ESOP?

In 2023, employer contributions to the Onin Holdings, Inc. plan averaged $6,927 per active participant, above the $522 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Onin Holdings, Inc. 401(k)?

The average participant account balance was -$11,852 for plan year 2023, based on 336 accounts.

Onin Holdings, Inc.ESOP

Name: Onin Holdings, Inc. 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

ONIN HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · · plan year 2023

Employer contribution per participant · 2023

$6,927

Onin Holdings, Inc.'s 2023 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 -$3,982,165 across 336 participant accounts, with employer contributions averaging $6,927 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers.

Plan summary
Net assets, end of year-$3,982,165
Participants with balances336
Active participants385
Employer contributions$2,666,815
Employee contributions—
Employer contribution per active participant$6,927
Average account balance-$11,852
Plan auditUnmodified (clean) audit opinion
AuditorMORSE & CO, PLLC

Plan history2

Yearassets · accounts · employer contribution

2024$-4.9M · 360 accts · $2.7M emplr

2023$-4.0M · 336 accts · $2.7M emplr

Employer contributions to the Onin Holdings, Inc. plan · 2023

Employer contribution per active participant$6,927

Median for plans this size$522

2024$6,585 per active participant

2023$6,927 per active participant

Onin Holdings, Inc.'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.

Administrative cost history2

2024Not separately reported

2023Not separately reported

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Fee benchmarks by plan size

Source: U.S. Department of Labor, Form 5500 series, EIN 883725105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.