Plan Ledger DOL Form 5500 · updated monthly

Optimal Computer Aided Engineering, Inc.401(k)

OPTIMAL COMPUTER AIDED ENGINEERING, INC. RETIREMENT SAVINGS PLAN · PLYMOUTH, MI · plan year 2023

Reported admin expense ratio · 2023
0.03%

Optimal Computer Aided Engineering, Inc. reported $1,656 in plan administrative expenses for 2023: 0.03% of average plan assets, lower than ~75% of peers. 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 fell from 0.029% to 0.026%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Michigan (1,850th of 2,619), and 9,222nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$6,466,501
Participants with balances97
Active participants111
Employer contributions—
Employee contributions$483,762
Employer contribution per active participant—
Average account balance$66,665
Benefits paid to participants$1,422,571
Plan auditUnmodified (clean) audit opinion
AuditorCBIZ CPAS
Plan history2
Yearassets · accounts · employer contribution
2023$6.5M · 97 accts
2022$6.3M · 116 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,656
Total administrative$1,656
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 · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,656
PRINCIPAL SECURITIES INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$1,656 · 0.03%
2022$1,941 · 0.03%
Similar plansProfessional & Technical Services · Michigan
Hour Media, LLC MI$7.3M · 0.00%
Asphalt Specialists, LLC MI$7.0M · 0.08%
Hcl Global Systems, Inc. MI$6.9M · 0.52%
Fieldstone A&E, LLC MI$6.8M · 0.65%
Ansara Corporation MI$5.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382714098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.