Plan Ledger DOL Form 5500 · updated monthly

Optoro, Inc.401(k)

OPTORO, INC. 401(K) PROFIT SHARING PLAN & TRUST · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Optoro, Inc. reported $53,385 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,836 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 0.04% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in District of Columbia (362nd of 618), and the 1,688th of 5,215 in retail trade. In 2024, employees put in $6.98 for every $1.00 the employer contributed; active participation has shrunk from 126 to 103 since 2022.

Plan summary
Net assets, end of year$17,270,612
Participants with balances215
Active participants103
Employer contributions$189,116
Employee contributions$1,320,636
Employer contribution per active participant$1,836
Average account balance$80,328
Benefits paid to participants$2,376,721
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.3M · 215 accts · $189K emplr
2023$15.5M · 229 accts · $184K emplr
2022$12.0M · 269 accts · $196K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,114
Investment management$36,271
Total administrative$53,385
The Optoro, Inc. 401(k) match · 2024
Employer contribution per active participant$1,836
Median for plans this size$2,416
2024$1,836 per active participant
2023$1,486 per active participant
2022$1,558 per active participant

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

Service providers · 20243
THE CAPITAL GROUP INV ADVISORY · Investment advisory (plan)$30,664
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,114
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,607

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$53,385 · 0.33%
2023$43,096 · 0.31%
2022$4,933 · 0.04%
Same employer
Similar plansRetail Trade · District of Columbia
Copiers Northwest, Inc. WA$17.3M · 0.52%
Walker Automotive, Inc. LA$17.3M · 0.44%
Shaw/Stewart Lumber Company MN$17.3M · 0.06%
Ashby Lumber Company CA$17.3M · 0.46%
Olathe Ford Sales, Inc. KS$17.3M · 0.37%
Bill Pearce Motors, Inc. NV$17.3M · 0.22%
Dan Wolf Automotive Group IL$17.3M · 0.60%
Radley Imports Incorporated VA$17.2M · 0.55%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273797660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.