Plan Ledger DOL Form 5500 · updated monthly

Onlife Holdings, Inc.401(k)

ONLIFE HOLDINGS, INC. RETIREMENT PLAN · FRANKLIN, TN · plan year 2022

Employer contribution per participant · 2022
$246

Onlife Holdings, Inc.'s 2022 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 $1,877,824 across 154 participant accounts, with employer contributions averaging $246 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 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Tennessee (1,326th of 1,496), and 1,975th of 2,534 in administrative & support services. In 2022, employees put in $2.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,877,824
Participants with balances154
Active participants176
Employer contributions$43,363
Employee contributions$114,172
Employer contribution per active participant$246
Average account balance$12,194
The Onlife Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$246
Median for plans this size$1,114

Onlife Holdings, Inc.'s 2022 employer contribution ran below the $1,114 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.

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Source: U.S. Department of Labor, Form 5500 series, EIN 274582239 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.