Plan Ledger DOL Form 5500 · updated monthly

Ono Management, LLC401(k)

ONO MANAGEMENT, LLC 401(K) PLAN · DIAMOND BAR, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Ono Management, LLC reported $3,119 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $95 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 0.22% to 0.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in California (7,744th of 9,483), and 1,158th of 2,240 in accommodation & food services. In 2024, employees put in $3.94 for every $1.00 the employer contributed; active participation has grown from 1,062 to 1,804 since 2022.

Plan summary
Net assets, end of year$3,212,328
Participants with balances139
Active participants1,804
Employer contributions$171,680
Employee contributions$676,294
Employer contribution per active participant$95
Average account balance$23,110
Benefits paid to participants$87,111
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.2M · 139 accts · $172K emplr
2023$2.2M · 128 accts · $152K emplr
2022$1.3M · 113 accts · $137K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,119
Total administrative$3,119
The Ono Management, LLC 401(k) match · 2024
Employer contribution per active participant$95
Median for plans this size$1,313
2024$95 per active participant
2023$122 per active participant
2022$129 per active participant

Ono Management, LLC's 2024 employer contribution ran below the $1,313 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.

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 · 20241
ADP, INC. · Loan processing · Recordkeeping$3,119

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,119 · 0.12%
2023$2,997 · 0.17%
2022$2,382 · 0.22%
Same employer
Similar plansAccommodation & Food Services · California
Uniwell Corporation CA$3.5M · 0.22%
The Slanted Door CA$3.4M · 1.01%
Sdc Restaurants LLC CA$3.2M · 0.20%
Tj Processors LLC CA$3.0M · 1.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371916908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.