Plan Ledger DOL Form 5500 · updated monthly

Ottawa Dental Laboratory, LLC401(k)

OTTAWA DENTAL LABORATORY, LLC EMPLOYEES' PROFIT SHARING PLAN · OTTAWA, IL · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Ottawa Dental Laboratory, LLC reported $61,508 in plan administrative expenses for 2024: 0.67% of average plan assets, above the peer median. Employer contributions averaged $1,045 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 0.74% to 0.67%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,411th of 3,702), and the 5,788th of 11,911 in health care & social assistance. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has grown from 312 to 363 since 2022.

Plan summary
Net assets, end of year$9,744,384
Participants with balances313
Active participants363
Employer contributions$379,491
Employee contributions$610,169
Employer contribution per active participant$1,045
Average account balance$31,132
Benefits paid to participants$1,067,296
Plan auditUnmodified (clean) audit opinion
AuditorFGMK, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.7M · 313 accts · $379K emplr
2023$8.6M · 338 accts · $424K emplr
2022$7.4M · 336 accts · $379K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,988
Investment management$32,520
Total administrative$61,508
The Ottawa Dental Laboratory, LLC 401(k) match · 2024
Employer contribution per active participant$1,045
Median for plans this size$1,313
2024$1,045 per active participant
2023$1,269 per active participant
2022$1,216 per active participant

Ottawa Dental Laboratory, LLC's 2024 employer contribution ran below the $1,313 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
HOWARD SIMON & ASSOCIATES,INC. · Recordkeeping · Pension consulting$4,770
STRATEGIC WEALTH PARTNERS, LLC · Investment advisory (plan)$33,606
STRATEGIC WEALTH PARTNERS GROUP · Investment management$8,378

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

Recordkeeper by year2
2024HOWARD SIMON & ASSOCIATES,INC.
2023HOWARD SIMON & ASSOCIATES, INC.

This plan has changed recordkeepers within these filings. If you left Ottawa Dental Laboratory, LLC 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$61,508 · 0.67%
2023$42,273 · 0.53%
2022$60,046 · 0.74%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Doctors Data Inc. IL$9.8M · 0.06%
Lawrence Hall IL$9.7M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471285501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.