Plan Ledger DOL Form 5500 · updated monthly

Oralabs, Inc.401(k)

ORALABS, INC. 401(K) PLAN · PARKER, CO · plan year 2023

Reported admin expense ratio · 2023
0.73%

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

Oralabs, Inc. reported $36,489 in plan administrative expenses for 2023: 0.73% of average plan assets, above the peer median. Employer contributions averaged $950 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 0.59% to 0.22%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Colorado (1,029th of 1,461), and 11,002nd of 13,661 in manufacturing. In 2023, employees put in $1.62 for every $1.00 the employer contributed; active participation has grown from 121 to 185 since 2022.

Plan summary
Net assets, end of year$5,392,307
Participants with balances125
Active participants185
Employer contributions$175,796
Employee contributions$285,163
Employer contribution per active participant$950
Average account balance$43,138
Benefits paid to participants$273,236
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.9M · 145 accts · $188K emplr
2023$5.4M · 125 accts · $176K emplr
2022$4.6M · 125 accts · $161K emplr
Administrative expenses, itemized · 2023
Investment management$35,789
Total administrative$36,489
The Oralabs, Inc. 401(k) match · 2023
Employer contribution per active participant$950
Median for plans this size$1,308
2024$1,050 per active participant
2023$950 per active participant
2022$1,328 per active participant

Oralabs, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
GILL CAPITAL PARTNERS INC · Investment advisory (plan)$21,439
EMPOWER ADVISORY GROUP, LLC · Investment management$14,350

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$11,439 · 0.22%
2023$36,489 · 0.73%
2022$28,945 · 0.59%
Similar plansManufacturing · Colorado
Amp Robotics Corporation CO$6.1M · 0.21%
Rmb Products, Inc. CO$5.8M · 0.22%
Caroba Plastics, Inc. CO$4.9M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841152477 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.