Plan Ledger DOL Form 5500 · updated monthly

Orr Corporation401(k)

ORR CORPORATION RETIREMENT PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Orr Corporation reported $16,918 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,820 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 0.032% to 0.030%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 126th-largest of 871 plans among Kentucky employers on file, and the 265th of 2,534 in administrative & support services. In 2024, employees put in $3.09 for every $1.00 the employer contributed; active participation has grown from 271 to 344 since 2022.

Plan summary
Net assets, end of year$60,175,071
Participants with balances498
Active participants344
Employer contributions$970,054
Employee contributions$2,993,925
Employer contribution per active participant$2,820
Average account balance$120,833
Benefits paid to participants$4,141,384
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$60.2M · 498 accts · $970K emplr
2023$53.7M · 478 accts · $824K emplr
2022$45.2M · 465 accts · $662K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,918
Total administrative$16,918
The Orr Corporation 401(k) match · 2024
Employer contribution per active participant$2,820
Median for plans this size$3,635
2024$2,820 per active participant
2023$2,727 per active participant
2022$2,443 per active participant

Orr Corporation's 2024 employer contribution ran below 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 · 20244
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$16,918
ORR PROTECTION SYSTEMS, INC. · Trustee (discretionary)indirect comp
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$16,918 · 0.03%
2023$13,327 · 0.03%
2022$13,642 · 0.03%
Same employer
Similar plansAdministrative & Support Services · Kentucky
Swift & Staley Inc. KY$14.4M · 0.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 030412866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.