Plan Ledger DOL Form 5500 · updated monthly

Onx Holdings, Inc.401(k)

ONX 401(K) PLAN · CARROLTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.89%

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

Onx Holdings, Inc. reported $32,720 in plan administrative expenses for 2023: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,158 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 1 year on file its reported administrative ratio fell from 1.19% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,072nd of 5,688), and 4,003rd of 5,337 in construction. In 2023, employees put in $3.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,939,363
Participants with balances418
Active participants480
Employer contributions$555,718
Employee contributions$1,821,952
Employer contribution per active participant$1,158
Average account balance$11,817
Benefits paid to participants$628,460
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.9M · 418 accts · $556K emplr
2022$2.5M · 376 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,075
Investment management$2,645
Total administrative$32,720
The Onx Holdings, Inc. 401(k) match · 2023
Employer contribution per active participant$1,158
Median for plans this size$1,308

Onx Holdings, Inc.'s 2023 employer contribution ran below the $1,308 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 · 20232
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$2,645

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

Administrative cost history2
2023$32,720 · 0.89%
2022$21,782 · 1.19%
Same employer
Similar plansConstruction · Texas
Atlas Tubular, L.P. TX$5.0M · 0.67%
Brg Management, Inc. TX$5.0M · 0.44%
The McCarty Corporation TX$4.9M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852626288 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.