Plan Ledger DOL Form 5500 · updated monthly

Onix Networking Corp.401(k)

ONIX NETWORKING 401(K) PLAN · WESTLAKE, OH · plan year 2025

Reported admin expense ratio · 2025
0.90%

Onix Networking Corp. reported $72,237 in plan administrative expenses for 2025: 0.90% of average plan assets, higher than ~75% of peers. 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 3 years on file its reported administrative ratio rose from 0.71% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,100th of 3,295), and 8,369th of 11,654 in professional & technical services. active participation has grown from 123 to 226 since 2022.

Plan summary
Net assets, end of year$8,860,704
Participants with balances172
Active participants226
Employer contributions—
Employee contributions$1,911,297
Employer contribution per active participant—
Average account balance$51,516
Benefits paid to participants$1,517,390
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$8.9M · 172 accts
2024$7.2M · 136 accts
2023$6.0M · 111 accts
2022$5.8M · 101 accts · $1.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$44,529
Investment management$27,708
Total administrative$72,237
What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
VANTAGE FINANCIAL GROUP, INC. · Investment advisory (plan)$27,708

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

Administrative cost history4
2025$72,237 · 0.90%
2024$45,106 · 0.68%
2023$29,529 · 0.50%
2022$50,717 · 0.71%
Same employer
Similar plansProfessional & Technical Services · Ohio
Orange Barrel Media, LLC OH$9.3M · 0.11%
First Communications, LLC OH$9.0M · 0.05%
Enervise, Inc. OH$8.9M · 0.06%
Path Forward Consulting OH$8.8M · 1.24%
Agh Ultimate LLC OH$8.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341729033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.