Plan Ledger DOL Form 5500 · updated monthly

Opportunity Management Group, LLC401(k)

OPPORTUNITY MANAGEMENT GROUP, LLC 401(K) PLAN · DRAPER, UT · plan year 2022

Reported admin expense ratio · 2022
0.48%

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

Opportunity Management Group, LLC reported $19,224 in plan administrative expenses for 2022: 0.48% of average plan assets, below the peer median. Employer contributions averaged $1,787 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 professional & technical services employers. By assets it is among the smaller plans on file in Utah (655th of 848), and 10,208th of 11,654 in professional & technical services. In 2022, employees put in $2.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,895,125
Participants with balances60
Active participants120
Employer contributions$214,477
Employee contributions$450,812
Employer contribution per active participant$1,787
Average account balance$64,919
Benefits paid to participants$234,278
Plan auditUnmodified (clean) audit opinion
AuditorTULL, FORSBERG & OLSON, PLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,224
Total administrative$19,224
The Opportunity Management Group, LLC 401(k) match · 2022
Employer contribution per active participant$1,787
Median for plans this size$1,114

Opportunity Management Group, LLC'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

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$19,224 · 0.48%
Similar plansProfessional & Technical Services · Utah
Utah Legal Services, Inc. UT$4.6M · 0.58%
Artemis Health, Inc. UT$4.5M · 0.04%
Polarityte MD, Inc. UT$4.0M · 0.69%
Cencore, LLC UT$4.0M · 0.08%
Delsco Northwest Inc UT$3.6M · 0.81%
Rylex Consulting LLC UT$3.5M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202362281 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.