Plan Ledger DOL Form 5500 · updated monthly

Onx, Inc.401(k)

ONX 401(K) PLAN · GEORGETOWN, TX · plan year 2024

Reported admin expense ratio · 2024
1.06%

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

Onx, Inc. reported $64,913 in plan administrative expenses for 2024: 1.06% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,699 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,529th of 5,688), and 3,504th of 5,337 in construction. In 2024, employees put in $3.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,365,484
Participants with balances476
Active participants419
Employer contributions$711,975
Employee contributions$2,145,222
Employer contribution per active participant$1,699
Average account balance$15,474
Benefits paid to participants$1,170,914
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,913
Total administrative$64,913
The Onx, Inc. 401(k) match · 2024
Employer contribution per active participant$1,699
Median for plans this size$1,313

Onx, 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 · 20242
RESOURCES INVESTMENT ADVISORS · Investment management$4,429

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

Administrative cost history1
2024$64,913 · 1.06%
Same employer
Similar plansConstruction · Texas
Lutech Resources, Inc. TX$7.4M · 0.27%
Supreme Roofing, LP TX$7.3M · 0.11%
Tri-State Electric, LTD TX$7.3M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853048216 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.