Plan Ledger DOL Form 5500 · updated monthly

Optimal Wireless401(k)

OPTIMAL WIRELESS LLC 401K PROFIT · BOERNE, TX · plan year 2022

Reported admin expense ratio · 2022
0.29%

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

Optimal Wireless reported $3,601 in plan administrative expenses for 2022: 0.29% of average plan assets, below the peer median. Employer contributions averaged $265 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 rose from 0.07% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Texas (5,154th of 5,688), and 2,132nd of 2,199 in information & media. In 2022, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,321,688
Participants with balances73
Active participants406
Employer contributions$107,638
Employee contributions$248,133
Employer contribution per active participant$265
Average account balance$18,105
Benefits paid to participants$71,835
Plan auditUnmodified (clean) audit opinion
AuditorTHE CJ GROUP
Plan history2
Yearassets · accounts · employer contribution
2022$1.3M · 73 accts · $108K emplr
2020$1.0M · 22 accts · $46K emplr
The Optimal Wireless 401(k) match · 2022
Employer contribution per active participant$265
Median for plans this size$1,114
2022$265 per active participant
2020$146 per active participant

Optimal Wireless'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 history2
2022$3,601 · 0.29%
2020$625 · 0.07%
Similar plansInformation & Media · Texas
Vivial Media LLC TX$1.9M · 0.08%
Brightpearl, Inc TX$1.3M · 0.76%
Literati Inc. TX$1.0M · 1.85%
Milsoft Utility Solutions TX$904K · 0.01%
Esp Enterprises Inc. TX$483K · 2.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262932345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.