Plan Ledger DOL Form 5500 · updated monthly

Onlogic, Inc.401(k)

ONLOGIC RETIREMENT PLAN · SOUTH BURLINGTON, VT · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Onlogic, Inc. reported $61,776 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,817 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 fell from 0.70% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Vermont (129th of 230), and 7,622nd of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,280,589
Participants with balances286
Active participants188
Employer contributions$717,665
Employee contributions$1,846,681
Employer contribution per active participant$3,817
Average account balance$46,436
Benefits paid to participants$2,927,091
Plan auditUnmodified (clean) audit opinion
AuditorMCSOLEY MCCOY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 286 accts · $718K emplr
2023$11.2M · 284 accts · $687K emplr
2022$7.8M · 260 accts · $561K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,776
Total administrative$61,776
The Onlogic, Inc. 401(k) match · 2024
Employer contribution per active participant$3,817
Median for plans this size$2,416
2024$3,817 per active participant
2023$3,351 per active participant
2022$2,982 per active participant

Onlogic, Inc.'s 2024 employer contribution ran above the $2,416 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.

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 · 20243
TRANAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$28,164
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$5,085
MORGAN STANLEY GLOBAL BANKING OPERA · Investment advisory (plan)$28,499

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

Recordkeeper by year2
2024Ascensus, TRANAMERICA RETIREMENT SOLUTIONS
2023Ascensus, TRANAMERICA RETIREMENT SOLUTIONS

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Administrative cost history3
2024$61,776 · 0.50%
2023$69,997 · 0.73%
2022$55,710 · 0.70%
Same employer
Similar plansManufacturing · Vermont
Dynapower Company LLC VT$14.4M · 0.57%
Cabot Hosiery Mills, Inc. VT$14.2M · 0.13%
New England Woodcraft, Inc VT$13.9M · 0.02%
Twincraft, Inc. VT$13.6M · 0.13%
Champlain Chocolate Company VT$11.8M · 0.09%
Nsa Industries, LLC VT$11.4M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200558657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.