Plan Ledger DOL Form 5500 · updated monthly

Opsec Security, Inc.401(k)

OPSEC SECURITY RETIREMENT PLAN · LANCASTER, PA · plan year 2023

Reported admin expense ratio · 2023
0.34%

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

Opsec Security, Inc. reported $81,201 in plan administrative expenses for 2023: 0.34% of average plan assets, above the peer median. Employer contributions averaged $3,110 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 1 year on file its reported administrative ratio rose from 0.26% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,339th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,124th of 13,661 in manufacturing. In 2023, employees put in $2.16 for every $1.00 the employer contributed; active participation has shrunk from 335 to 297 since 2022.

Plan summary
Net assets, end of year$25,025,578
Participants with balances435
Active participants297
Employer contributions$923,792
Employee contributions$1,999,484
Employer contribution per active participant$3,110
Average account balance$57,530
Benefits paid to participants$3,162,702
Plan auditUnmodified (clean) audit opinion
AuditorRKL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $324K emplr
2023$25.0M · 435 accts · $924K emplr
2022$22.5M · 477 accts · $999K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$62,447
Investment management$18,754
Total administrative$81,201
The Opsec Security, Inc. 401(k) match · 2023
Employer contribution per active participant$3,110
Median for plans this size$2,440
2023$3,110 per active participant
2022$2,982 per active participant

Opsec Security, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
LINCOLN NATIONAL CORPORATION · Contract administrator$62,447
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (plan)$18,754

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

Administrative cost history3
2024Not separately reported
2023$81,201 · 0.34%
2022$63,037 · 0.26%
Same employer
Similar plansManufacturing · Pennsylvania
Lift-All Company Inc PA$25.6M · 0.01%
Dutch Gold Honey, Inc. PA$25.0M · 0.39%
Derr Flooring Co. PA$24.9M · 0.22%
Kalas Manufacturing, Inc. PA$24.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841458633 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.