Plan Ledger DOL Form 5500 · updated monthly

Onset Computer Corporation401(k)

ONSET COMPUTER CORPORATION 401(K) RETIREMENT PLAN · BOURNE, MA · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Onset Computer Corporation reported $58,773 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,774 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 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,288th-largest of 2,726 plans among Massachusetts employers on file, and the 5,847th of 13,661 in manufacturing. In 2023, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,461,212
Participants with balances163
Active participants162
Employer contributions$287,376
Employee contributions$1,074,630
Employer contribution per active participant$1,774
Average account balance$125,529
Benefits paid to participants$1,439,983
Plan auditUnmodified (clean) audit opinion
AuditorBOLLUS & LYNCH
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$19.9M · 159 accts · $252K emplr
2023$20.5M · 163 accts · $287K emplr
2022$17.5M · 166 accts · $284K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,438
Investment management$35,335
Total administrative$58,773
The Onset Computer Corporation 401(k) match · 2023
Employer contribution per active participant$1,774
Median for plans this size$2,440
2024$1,704 per active participant
2023$1,774 per active participant
2022$1,670 per active participant

Onset Computer Corporation's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$35,335
ADP, INC. · Loan processing · Recordkeeping$23,438
ADP BROKER-DEALERindirect comp

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, Morgan Stanley
2023ADP, Morgan Stanley

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

Administrative cost history4
2025Not separately reported
2024$61,850 · 0.31%
2023$58,773 · 0.31%
2022$21,949 · 0.11%
Same employer
Similar plansManufacturing · Massachusetts
Nova Ventures Group Corp. MA$21.2M · 0.01%
Krohne, Inc. MA$21.1M · 0.19%
Bvi MA$20.7M · 0.43%
Incom, Inc. MA$20.7M · 0.10%
Bfly Operations, Inc. MA$20.0M · 0.22%
Riso, Inc. MA$19.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042710064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.