Plan Ledger DOL Form 5500 · updated monthly

The Oscar W. Larson Company401(k)

THE OSCAR W LARSON CO. 401(K) PLAN · CLARKSTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

The Oscar W. Larson Company reported $290,705 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,521 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 0.02% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 251st-largest of 2,619 plans among Michigan employers on file, and the 558th of 5,337 in construction. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 712 to 2,445 since 2022.

Plan summary
Net assets, end of year$113,774,334
Participants with balances2,394
Active participants2,445
Employer contributions$6,164,466
Employee contributions$10,727,073
Employer contribution per active participant$2,521
Average account balance$47,525
Benefits paid to participants$9,136,085
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$113.8M · 2,394 accts · $6.2M emplr
2023$90.3M · 2,140 accts · $2.7M emplr
2022$38.9M · 730 accts · $529K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$176,705
Investment management$114,000
Total administrative$290,705
The The Oscar W. Larson Company 401(k) match · 2024
Employer contribution per active participant$2,521
Median for plans this size$3,635
2024$2,521 per active participant
2023$1,128 per active participant
2022$742 per active participant

The Oscar W. Larson Company'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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$176,630
CAP FINANCIAL PARTNERS LLC · Investment management$114,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$290,705 · 0.28%
2023$90,103 · 0.14%
2022$7,047 · 0.02%
All plans at this employer2
OSCAR W LARSON COMPANY PROFIT SHARING PLANProfit-sharing plan
THE OSCAR W LARSON CO. 401(K) PLAN401(k)
Same employer
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The Christman Company MI$136.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381607330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.