Plan Ledger DOL Form 5500 · updated monthly

Opportunity Enterprises, Inc.401(k)

OPPORTUNITY ENTERPRISES, INC. PROFIT SHARING PLAN · VALPARAISO, IN · plan year 2024

Reported admin expense ratio · 2024
1.10%

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

Opportunity Enterprises, Inc. reported $58,447 in plan administrative expenses for 2024: 1.10% of average plan assets, higher than ~75% of peers. Employer contributions averaged $950 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 3 years on file its reported administrative ratio has held roughly steady near 1.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,131st of 1,562), and 7,623rd of 11,911 in health care & social assistance. In 2024, employees put in $1.51 for every $1.00 the employer contributed; active participation has grown from 224 to 252 since 2022.

Plan summary
Net assets, end of year$5,512,269
Participants with balances253
Active participants252
Employer contributions$239,326
Employee contributions$362,507
Employer contribution per active participant$950
Average account balance$21,788
Benefits paid to participants$735,224
Plan auditUnmodified (clean) audit opinion
AuditorBRADLEY & ASSOCIATES, INC.
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 253 accts · $239K emplr
2023$5.1M · 308 accts · $261K emplr
2022$4.5M · 347 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,525
Investment management$17,922
Total administrative$58,447
The Opportunity Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$950
Median for plans this size$1,313
2024$950 per active participant
2023$1,119 per active participant
2022$962 per active participant

Opportunity Enterprises, Inc.'s 2024 employer contribution ran below 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
NEWPORT GROUP, INC · Contract administrator · Recordkeeping$40,525
WESLEY M. KOTYS · Investment advisory (participants) · Investment advisory (plan)$17,922

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$58,447 · 1.10%
2023$54,546 · 1.13%
2022$52,272 · 1.09%
Same employer
Similar plansHealth Care & Social Assistance · Indiana
Home Care Providers Inc. IN$5.7M · 0.22%
Sycamore Services, Inc IN$5.5M · 0.96%
Aba Programming Inc IN$5.2M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 351136833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.