Plan Ledger DOL Form 5500 · updated monthly

Oocl USA Inc.401(k)

OOCL (USA) INC. SAVINGS PLAN · SOUTH JORDAN, UT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Oocl USA Inc. reported $35,749 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,851 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 0.025% to 0.023%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 43rd-largest of 848 plans among Utah employers on file, and the 171st of 2,677 in transportation & warehousing. In 2024, employees put in $4.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$164,155,747
Participants with balances605
Active participants442
Employer contributions$1,259,960
Employee contributions$6,078,016
Employer contribution per active participant$2,851
Average account balance$271,332
Benefits paid to participants$7,806,628
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$164.2M · 605 accts · $1.3M emplr
2023$149.4M · 630 accts · $1.3M emplr
2022$135.5M · 641 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,923
Trustee / custodial$11,826
Total administrative$35,749
The Oocl USA Inc. 401(k) match · 2024
Employer contribution per active participant$2,851
Median for plans this size$3,635
2024$2,851 per active participant
2023$2,687 per active participant
2022$2,576 per active participant

Oocl USA Inc.'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
MILLIMAN, INC. · Recordkeeping · Loan processing$23,923
CHARLES SCHWAB BANK TRUST · Custodial (securities) · Trustee (directed)$11,826
CHARLES SCHWAB & CO., INC. · Custodial (securities)indirect 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
2024Milliman
2023Milliman

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Administrative cost history3
2024$35,749 · 0.02%
2023$36,040 · 0.03%
2022$37,696 · 0.02%
All plans at this employer2
OOCL (USA) INC. SAVINGS PLAN401(k)
OOCL (USA) INC. DEFINED CONTRIBUTION PENSION PLANMoney purchase plan
Same employer
Similar plansTransportation & Warehousing · Utah
Skywest, Inc. UT$1.7B · 0.06%
Tforce Freight, Inc VA$164.4M · 0.47%
Estes Express Lines VA$161.0M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134934630 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.