Plan Ledger DOL Form 5500 · updated monthly

Optus Inc401(k)

OPTUS RETIREMENT INVESTMENT PLAN · JONESBORO, AR · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Optus Inc reported $35,692 in plan administrative expenses for 2024: 0.51% of average plan assets, below the peer median. Employer contributions averaged $1,350 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 fell from 0.55% to 0.51%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Arkansas (259th of 456), and 9,830th of 13,661 in manufacturing. In 2024, employees put in $3.73 for every $1.00 the employer contributed; active participation has shrunk from 93 to 77 since 2022.

Plan summary
Net assets, end of year$7,647,888
Participants with balances95
Active participants77
Employer contributions$103,941
Employee contributions$387,251
Employer contribution per active participant$1,350
Average account balance$80,504
Benefits paid to participants$468,845
Plan auditUnmodified (clean) audit opinion
AuditorHCJ CPAS & ADVISOR, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.6M · 95 accts · $104K emplr
2023$6.3M · 94 accts · $83K emplr
2022$5.2M · 101 accts · $105K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,148
Investment management$2,244
Total administrative$35,692
The Optus Inc 401(k) match · 2024
Employer contribution per active participant$1,350
Median for plans this size$1,313
2024$1,350 per active participant
2023$879 per active participant
2022$1,133 per active participant

Optus Inc's 2024 employer contribution ran above the $1,313 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 · 20242
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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$35,692 · 0.51%
2023$31,083 · 0.54%
2022$31,952 · 0.55%
Same employer
Similar plansManufacturing · Arkansas
Essick Air Products, Inc. AR$9.8M · 0.74%
Pipelife Jet Stream, Inc. AR$9.5M · 0.13%
Bad Boy Mowers AR$7.9M · 2.14%
De Wafelbakkers, LLC AR$7.2M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710782833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.