Plan Ledger DOL Form 5500 · updated monthly

Oracle Financial Services Software, Inc.401(k)

ORACLE FINANCIAL SERVICES SOFTWARE INC. 401(K) PROFIT SHARING PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Oracle Financial Services Software, Inc. reported $225,368 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,633 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 0.24% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 395th-largest of 2,419 plans among New Jersey employers on file, and the 403rd of 5,215 in retail trade. In 2024, employees put in $3.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,436,407
Participants with balances578
Active participants295
Employer contributions$1,366,735
Employee contributions$4,217,988
Employer contribution per active participant$4,633
Average account balance$158,194
Benefits paid to participants$6,715,014
Plan auditUnmodified (clean) audit opinion
AuditorSAX LLP
Plan history3
Yearassets · accounts · employer contribution
2024$91.4M · 578 accts · $1.4M emplr
2023$81.4M · 622 accts · $1.7M emplr
2022$66.8M · 628 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,923
Investment management$102,445
Audit (IQPA)$15,000
Total administrative$225,368
The Oracle Financial Services Software, Inc. 401(k) match · 2024
Employer contribution per active participant$4,633
Median for plans this size$3,635
2024$4,633 per active participant
2023$5,628 per active participant
2022$4,667 per active participant

Oracle Financial Services Software, Inc.'s 2024 employer contribution ran above the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$107,923
LPL FINANCIAL CORPORATION · Consulting · Investment advisory (plan)$102,445
SAX ACCOUNTING · Accounting / audit$15,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$225,368 · 0.26%
2023$225,071 · 0.30%
2022$182,378 · 0.24%
Same employer
Similar plansRetail Trade · New Jersey
Village Super Market, Inc. NJ$105.9M · 0.16%
Saker Shoprites, Inc. NJ$105.9M · 0.10%
Glass Gardens Inc NJ$101.9M · 0.04%
H & M Hennes & Mauritz, LP NJ$101.0M · 0.11%
Inserra Supermarkets, Inc. NJ$74.9M · 0.18%
Spencer Gifts LLC NJ$71.0M · 0.28%
Tumi, Inc. NJ$61.6M · 0.14%
Ryan Automotive, LLC NJ$61.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 134200183 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.