Plan Ledger DOL Form 5500 · updated monthly

Onna Technologies, Inc.401(k)

ONNA TECHNOLOGIES 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Onna Technologies, Inc. reported $5,404 in plan administrative expenses for 2023: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,239 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 rose from 0.11% to 0.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New York (4,723rd of 5,648), and 1,986th of 2,199 in information & media. In 2023, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,766,020
Participants with balances146
Active participants58
Employer contributions$535,852
Employee contributions$661,441
Employer contribution per active participant$9,239
Average account balance$25,795
Benefits paid to participants$1,278,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$470 · 1 accts · $265K emplr
2023$3.8M · 146 accts · $536K emplr
2022$3.3M · 170 accts · $539K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$2,904
Investment management$2,500
Total administrative$5,404
The Onna Technologies, Inc. 401(k) match · 2023
Employer contribution per active participant$9,239
Median for plans this size$1,308
2023$9,239 per active participant
2022$8,692 per active participant

Onna Technologies, Inc.'s 2023 employer contribution ran above the $1,308 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.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
GUIDELINE, INC. · Plan administrator · Recordkeeping$5,404

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

Administrative cost history3
2024$4,600 · 0.24%
2023$5,404 · 0.15%
2022$3,322 · 0.11%
Similar plansInformation & Media · New York
Avero, LLC NY$4.1M · 0.14%
Meetup LLC NY$4.0M · 0.34%
Glossgenius, Inc. NY$3.2M · 0.10%
Lyra Technologies, Inc NY$3.2M · 0.25%
Under Technologies Inc. NY$3.1M · 0.17%
Splashlight LLC NY$2.6M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472289837 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.