Plan Ledger DOL Form 5500 · updated monthly

Optomi, LLC401(k)

OPTOMI, LLC 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

Optomi, LLC reported $94,358 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1 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 3 years on file its reported administrative ratio has held roughly steady near 0.910%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,123rd of 2,160), and 7,316th of 11,654 in professional & technical services. In 2024, employees put in $732.12 for every $1.00 the employer contributed; active participation has grown from 2,216 to 2,813 since 2022.

Plan summary
Net assets, end of year$12,262,213
Participants with balances499
Active participants2,813
Employer contributions$4,205
Employee contributions$3,078,547
Employer contribution per active participant$1
Average account balance$24,574
Benefits paid to participants$1,725,797
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 499 accts · $4K emplr
2023$8.5M · 367 accts · $469 emplr
2022$5.1M · 267 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,960
Investment management$49,398
Total administrative$94,358
The Optomi, LLC 401(k) match · 2024
Employer contribution per active participant$1
Median for plans this size$2,416
2024$1 per active participant
2023$0 per active participant

Optomi, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,960
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$43,504
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,894

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$94,358 · 0.91%
2023$63,587 · 0.94%
2022$40,890 · 0.91%
Same employer
Similar plansProfessional & Technical Services · Georgia
Quatrro Fpo Solutions, LLC GA$12.6M · 0.23%
Forge Consulting, LLC GA$12.5M · 0.64%
Onepath Systems, LLC GA$12.4M · 0.98%
Datapath, Inc. GA$12.3M · 0.80%
Geo-Hydro Engineers, Inc. GA$11.8M · 0.04%
Codemettle LLC GA$11.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300747677 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.