Open Systems International, Inc.401(k)
OPEN SYSTEMS INTERNATIONAL 401(K) PLAN · MEDINA, MN · plan year 2021
Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works
Open Systems International, Inc. reported $8,954 in plan administrative expenses for 2021: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,003 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 $50M–$250M size bracket, benchmarked here against 32 comparable plans and shown alongside other professional & technical services employers. By assets it is the 355th-largest of 1,918 plans among Minnesota employers on file, and the 1,943rd of 11,654 in professional & technical services. In 2021, employees put in $2.56 for every $1.00 the employer contributed.
Open Systems International, Inc.'s 2021 employer contribution ran above the $2,545 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 411722211 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.