Plan Ledger DOL Form 5500 · updated monthly

Onpoint Group, LLC401(k)

ONPOINT GROUP, LLC 401(K) PLAN · PERRYBURG, OH · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Onpoint Group, LLC reported $244,207 in plan administrative expenses for 2024: 0.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,045 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 0.61% to 0.42%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 563rd-largest of 3,295 plans among Ohio employers on file, and the 682nd of 4,246 in wholesale trade. In 2024, employees put in $4.67 for every $1.00 the employer contributed; active participation has shrunk from 2,585 to 1,703 since 2022.

Plan summary
Net assets, end of year$60,427,032
Participants with balances1,200
Active participants1,703
Employer contributions$1,780,389
Employee contributions$8,310,207
Employer contribution per active participant$1,045
Average account balance$50,356
Benefits paid to participants$5,241,549
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.4M · 1,200 accts · $1.8M emplr
2023$55.4M · 1,310 accts · $2.6M emplr
2022$57.2M · 2,195 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$152,907
Investment management$75,000
Audit (IQPA)$16,300
Total administrative$244,207
The Onpoint Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,045
Median for plans this size$3,635
2024$1,045 per active participant
2023$1,376 per active participant
2022$843 per active participant

Onpoint Group, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$152,907
NFP RETIREMENT INC · Investment advisory (plan)$75,000
FLAGEL HUBER FLAGEL & CO · Accounting / audit$16,300

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$244,207 · 0.42%
2023$268,420 · 0.48%
2022$342,817 · 0.61%
Same employer
Similar plansWholesale Trade · Ohio
Gunton Corporation OH$71.4M · 0.16%
Takkt Foodservices, LLC OH$62.5M · 0.18%
Wmk Inc OH$62.0M · 0.34%
Pepperl Fuchs, Inc. OH$56.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203601140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.