Plan Ledger DOL Form 5500 · updated monthly

Ops Consulting, LLC401(k)

OPS CONSULTING, LLC EMPLOYEES SAVINGS TRUST · HANOVER, MD · plan year 2023

Reported admin expense ratio · 2023
0.45%

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

Ops Consulting, LLC reported $83,259 in plan administrative expenses for 2023: 0.45% of average plan assets, higher than ~75% of peers. Employer contributions averaged $7,980 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 2 years on file its reported administrative ratio fell from 0.38% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other professional & technical services employers. By assets it is the 641st-largest of 1,671 plans among Maryland employers on file, and the 5,494th of 11,654 in professional & technical services. In 2023, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 133 to 175 since 2022.

Plan summary
Net assets, end of year$20,283,062
Participants with balances266
Active participants175
Employer contributions$1,396,536
Employee contributions$2,080,999
Employer contribution per active participant$7,980
Average account balance$76,252
Benefits paid to participants$3,200,855
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9 · 1 accts
2023$20.3M · 266 accts · $1.4M emplr
2022$16.5M · 234 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$83,259
Total administrative$83,259
The Ops Consulting, LLC 401(k) match · 2023
Employer contribution per active participant$7,980
Median for plans this size$2,440
2023$7,980 per active participant
2022$7,774 per active participant

Ops Consulting, LLC's 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$27,897
EMPOWER ADVISORY GROUP LLC · Investment management$15,425
COASTAL PENSION SERVICES · Contract administrator$14,384

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

Administrative cost history3
2024$3,116 · 0.03%
2023$83,259 · 0.45%
2022$69,586 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Maryland
Fgs, LLC MD$21.1M · 0.49%
Excet, Inc. MD$21.0M · 0.33%
Encompass LLC MD$20.9M · 0.27%
George, Miles & Buhr LLC MD$19.8M · 0.29%
Rbr-Technologies, Inc. MD$19.6M · 0.50%
Bioqual, Inc. MD$19.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522194695 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.