Plan Ledger DOL Form 5500 · updated monthly

Optos Inc.401(k)

THE OPTOS INC. 401(K) PLAN · MARLBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Optos Inc. reported $44,079 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,401 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 0.00% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 803rd-largest of 2,726 plans among Massachusetts employers on file, and the 3,578th of 13,661 in manufacturing. In 2024, employees put in $4.15 for every $1.00 the employer contributed; active participation has grown from 242 to 275 since 2022.

Plan summary
Net assets, end of year$41,724,567
Participants with balances335
Active participants275
Employer contributions$660,226
Employee contributions$2,741,337
Employer contribution per active participant$2,401
Average account balance$124,551
Benefits paid to participants$3,241,723
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES, CPAS, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$41.7M · 335 accts · $660K emplr
2023$36.3M · 306 accts · $594K emplr
2022$28.8M · 294 accts · $598K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,079
Total administrative$44,079
The Optos Inc. 401(k) match · 2024
Employer contribution per active participant$2,401
Median for plans this size$2,416
2024$2,401 per active participant
2023$2,454 per active participant
2022$2,470 per active participant

Optos 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,079

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$44,079 · 0.11%
2023$29,602 · 0.09%
2022$75 · 0.00%
Same employer
Similar plansManufacturing · Massachusetts
Icp Construction Inc. MA$46.7M · 0.61%
Charm Sciences, Inc. MA$46.3M · 0.12%
Advance Mfg. Co., Inc. MA$42.4M · 0.41%
Exagrid Systems, Inc. MA$41.9M · 0.13%
Mycronic MA$40.9M · 0.25%
Abcam, Inc. MA$40.8M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980192728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.