What are the fees in the Ooshirts, Inc 401(k) plan?

For plan year 2022, Ooshirts, Inc reported $14,059 in plan administrative expenses, or 0.69% of average plan assets — above the peer median. Fund-level expense ratios are not included in public filings.

What is the Ooshirts, Inc 401(k) match?

In 2022, employer contributions to the Ooshirts, Inc plan averaged $1,939 per active participant, above the $1,114 median for plans of similar size. Public filings report contribution dollars, not the match formula; the formula is in the plan's summary plan description.

What is the average account balance in the Ooshirts, Inc 401(k)?

The average participant account balance was $34,921 for plan year 2022, based on 48 accounts.

Ooshirts, Inc401(k)

Name: Ooshirts, Inc 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

OOSHIRTS, INC. 401(K) PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022

0.69%

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

Ooshirts, Inc reported $14,059 in plan administrative expenses for 2022: 0.69% of average plan assets, above the peer median. Employer contributions averaged $1,939 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Indiana (1,431st of 1,562), and 12,973rd of 13,661 in manufacturing. In 2022, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,676,196
Participants with balances48
Active participants37
Employer contributions$71,742
Employee contributions$165,993
Employer contribution per active participant$1,939
Average account balance$34,921
Benefits paid to participants$534,783
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, SAPPER & MILLER, LLP

Administrative expenses, itemized · 2022

Recordkeeping & contract admin$14,059

Total administrative$14,059

The Ooshirts, Inc 401(k) match · 2022

Employer contribution per active participant$1,939

Median for plans this size$1,114

Ooshirts, Inc's 2022 employer contribution ran above the $1,114 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

Your balance

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1

2022$14,059 · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454103847 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.