Plan Ledger DOL Form 5500 · updated monthly

Onshore Technology Services, Inc.401(k)

ONSHORE TECHNOLOGY SERVICES, INC. 401(K) PLAN · MACON, MO · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Onshore Technology Services, Inc. reported $18,985 in plan administrative expenses for 2024: 0.62% of average plan assets, above the peer median. Employer contributions averaged $1,476 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 0.66% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Missouri (1,176th of 1,393), and 2,012th of 2,199 in information & media. In 2024, employees put in $2.04 for every $1.00 the employer contributed; active participation has shrunk from 242 to 95 since 2022.

Plan summary
Net assets, end of year$3,255,127
Participants with balances95
Active participants95
Employer contributions$140,260
Employee contributions$286,699
Employer contribution per active participant$1,476
Average account balance$34,264
Benefits paid to participants$260,819
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS-KEEPERS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 95 accts · $140K emplr
2023$2.8M · 130 accts · $131K emplr
2022$2.6M · 128 accts · $154K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,985
Total administrative$18,985
The Onshore Technology Services, Inc. 401(k) match · 2024
Employer contribution per active participant$1,476
Median for plans this size$1,313
2024$1,476 per active participant
2023$588 per active participant
2022$637 per active participant

Onshore Technology Services, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$3,300

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$18,985 · 0.62%
2023$13,848 · 0.51%
2022$19,126 · 0.66%
Same employer
Similar plansInformation & Media · Missouri
Drivecentric Inc. MO$5.4M · 0.41%
Ai Software, LLC MO$5.0M · 0.41%
Shogun Enterprises Inc. TX$3.4M · 0.36%
Bravo Workforce LLC NJ$3.3M · 0.42%
Eps Operations, LLC MD$3.3M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201241175 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.