Plan Ledger DOL Form 5500 · updated monthly

Osl Retail Services Inc.401(k)

OSL RETAIL SERVICES 401(K) PLAN · SOUTHFIELD, MI · plan year 2024

Reported admin expense ratio · 2024
2.57%

Osl Retail Services Inc. reported $27,980 in plan administrative expenses for 2024: 2.57% of average plan assets, higher than ~90% of peers. 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 2.26% to 2.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (2,447th of 2,619), and 4,859th of 5,215 in retail trade.

Plan summary
Net assets, end of year$1,349,492
Participants with balances311
Active participants1,846
Employer contributions—
Employee contributions$699,999
Employer contribution per active participant—
Average account balance$4,339
Benefits paid to participants$603,360
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 311 accts
2023$827K · 299 accts
2022$299K · 248 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,296
Investment management$2,684
Total administrative$27,980
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 · 20241
ADP, INC. · Loan processing · Recordkeeping$25,296

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

Recordkeeper by year2
2024ADP
2023ADP, USI ADVISORS, INC

This plan has changed recordkeepers within these filings. If you left Osl Retail Services Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$27,980 · 2.57%
2023$31,123 · 5.53%
2022$6,764 · 2.26%
Same employer
Similar plansRetail Trade · Michigan
Home Appliance Mart, Inc MI$1.5M · 0.23%
Jars Holdings LLC MI$1.5M · 0.42%
Coach Road Capital, LLC MI$1.4M · 1.18%
Total Life Changes, LLC MI$1.3M · 1.38%
Wilson Marine Corporation MI$1.3M · 0.98%
Lasco Ford, Inc. MI$1.0M · 0.32%
The Fire Station LLC MI$709K · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611845860 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.