Plan Ledger DOL Form 5500 · updated monthly

Ontario Systems, LLC401(k)

ONTARIO SYSTEMS, LLC 401(K) PLAN · MUNCIE, IN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Ontario Systems, LLC reported $126,707 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $2,886 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 0.13% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 205th-largest of 1,562 plans among Indiana employers on file, and the 2,013th of 11,654 in professional & technical services. In 2024, employees put in $4.16 for every $1.00 the employer contributed; active participation has shrunk from 503 to 331 since 2022.

Plan summary
Net assets, end of year$72,084,548
Participants with balances594
Active participants331
Employer contributions$955,234
Employee contributions$3,974,311
Employer contribution per active participant$2,886
Average account balance$121,354
Benefits paid to participants$10,326,600
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER MILLER, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$72.1M · 594 accts · $955K emplr
2023$67.6M · 722 accts · $1.3M emplr
2022$57.6M · 717 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,309
Investment management$62,398
Total administrative$126,707
The Ontario Systems, LLC 401(k) match · 2024
Employer contribution per active participant$2,886
Median for plans this size$3,635
2024$2,886 per active participant
2023$2,590 per active participant
2022$2,258 per active participant

Ontario Systems, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$64,309
PROCOURSE FIDUCIARY ADVISORS LLC · Investment advisory (plan)$43,333
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,065

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$126,707 · 0.18%
2023$69,571 · 0.11%
2022$88,331 · 0.13%
Same employer
Similar plansProfessional & Technical Services · Indiana
Eight Eleven Group, LLC. IN$96.0M · 0.25%
Human Capital Concepts, LLC IN$94.7M · 0.56%
Tangoe US, Inc. IN$66.8M · 0.22%
Energy Systems Group, LLC IN$62.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753122530 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.