Plan Ledger DOL Form 5500 · updated monthly

Osi Systems, Inc.401(k)

OSI SYSTEMS, INC. 401(K) SAVINGS PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Osi Systems, Inc. reported $257,020 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $2,010 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 0.22% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 447th-largest of 9,483 plans among California employers on file, and the 937th of 13,661 in manufacturing. In 2024, employees put in $3.75 for every $1.00 the employer contributed; active participation has grown from 1,639 to 1,920 since 2022.

Plan summary
Net assets, end of year$269,774,045
Participants with balances1,691
Active participants1,920
Employer contributions$3,859,865
Employee contributions$14,492,779
Employer contribution per active participant$2,010
Average account balance$159,535
Benefits paid to participants$28,455,112
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$269.8M · 1,691 accts · $3.9M emplr
2023$242.1M · 1,738 accts · $2.9M emplr
2022$203.7M · 1,763 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$153,203
Investment management$57,516
Audit (IQPA)$24,150
Total administrative$257,020
The Osi Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$2,010
Median for plans this size$4,294
2024$2,010 per active participant
2023$1,740 per active participant
2022$2,230 per active participant

Osi Systems, Inc.'s 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$57,500
MOSS ADAMS LLP · Accounting / audit$24,150
RESOURCES INVESTMENT ADVISORS, LLC · Investment management$16

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$257,020 · 0.10%
2023$252,155 · 0.11%
2022$485,704 · 0.22%
Same employer
Similar plansManufacturing · California
Niagara Bottling, LLC CA$272.3M · 0.10%
Plantronics, Inc. CA$272.1M · 0.01%
Lumentum Operations LLC CA$271.5M · 0.04%
Riverbed Technology LLC CA$270.9M · 0.04%
Quantum Corporation CA$267.5M · 0.04%
Masimo Corporation CA$267.2M · 0.07%
Aerovironment, Inc. CA$259.8M · 0.10%
Golden State Foods CA$259.7M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330238801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.