Plan Ledger DOL Form 5500 · updated monthly

Opportunity Living401(k)

OPPORTUNITY LIVING 401(K) PLAN · LAKE CITY, IA · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Opportunity Living reported $2,512 in plan administrative expenses for 2022: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $441 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 health care & social assistance employers. By assets it is among the smaller plans on file in Iowa (809th of 878), and 10,070th of 11,911 in health care & social assistance. In 2022, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,974,134
Participants with balances92
Active participants146
Employer contributions$64,414
Employee contributions$98,996
Employer contribution per active participant$441
Average account balance$21,458
Benefits paid to participants$186,825
Plan auditUnmodified (clean) audit opinion
AuditorGRONEWOLD, BELL, KYHNN & CO. P.C.
Administrative expenses, itemized · 2022
Investment management$2,512
Total administrative$2,512
The Opportunity Living 401(k) match · 2022
Employer contribution per active participant$441
Median for plans this size$1,114

Opportunity Living's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$2,512 · 0.12%
Same employer
Similar plansHealth Care & Social Assistance · Iowa
Northcrest Community IA$2.0M · 0.92%
Aase Haugen Homes Inc IA$1.9M · 0.47%
Lutheran Homes Society IA$1.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421293894 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.