Plan Ledger DOL Form 5500 · updated monthly

Osborn LLC401(k)

JASON EMPLOYEE SAVINGS & PROFIT SHARING PLAN · RICHMOND, IN · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Osborn LLC reported $237,882 in plan administrative expenses for 2023: 0.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,701 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 1 year on file its reported administrative ratio fell from 0.39% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 239th-largest of 1,562 plans among Indiana employers on file, and the 2,718th of 13,661 in manufacturing. In 2023, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$62,053,470
Participants with balances1,118
Active participants624
Employer contributions$1,061,355
Employee contributions$3,180,473
Employer contribution per active participant$1,701
Average account balance$55,504
Benefits paid to participants$9,083,195
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$25.6M · 576 accts · $301K emplr
2023$62.1M · 1,118 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$143,510
Investment management$70,117
Audit (IQPA)$24,255
Total administrative$237,882
The Osborn LLC 401(k) match · 2023
Employer contribution per active participant$1,701
Median for plans this size$3,659
2024$1,675 per active participant
2023$1,701 per active participant

Osborn LLC's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom quarter of its peers. 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 · 20235
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Participant communication$143,510
INTELLICENTS INVESTMENT SOLUTIONS · Investment management$60,000
CLIFTONLARSONALLEN, LLP · Accounting / audit$24,255
ALPHAGRAPHICS · Investment management$6,615
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history2
2024$79,262 · 0.18%
2023$237,882 · 0.39%
Same employer
Similar plansManufacturing · Indiana
Nishikawa Cooper LLC IN$64.8M · 0.48%
Maple Leaf Farms, Inc. IN$63.4M · 0.08%
Grote Industries, Inc. IN$62.8M · 0.14%
Monosol, LLC IN$62.4M · 0.00%
Fcc Indiana, Inc. IN$60.3M · 0.14%
Jason Group Inc. IN$58.9M · 0.30%
Porter, Inc. IN$56.0M · 0.18%
Welch Packaging Group, Inc. IN$54.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 830905279 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.