Plan Ledger DOL Form 5500 · updated monthly

Outdoor Adventures, Inc.401(k)

OUTDOOR ADVENTURES, INC. 401(K) PLAN · BAY CITY, MI · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Outdoor Adventures, Inc. reported $36,148 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $974 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 0.85% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Michigan (1,919th of 2,619), and the 807th of 2,240 in accommodation & food services. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,842,502
Participants with balances128
Active participants306
Employer contributions$298,168
Employee contributions$618,226
Employer contribution per active participant$974
Average account balance$45,645
Benefits paid to participants$282,289
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 128 accts · $298K emplr
2023$4.4M · 144 accts · $296K emplr
2022$3.3M · 147 accts · $280K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$36,148
Total administrative$36,148
The Outdoor Adventures, Inc. 401(k) match · 2024
Employer contribution per active participant$974
Median for plans this size$1,313
2024$974 per active participant
2023$901 per active participant
2022$888 per active participant

Outdoor Adventures, Inc.'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
THE VANGUARD GROUP, INC. · Recordkeeping$14,210
RAYMOND JAMES FINANCIAL SERVICES IN · Investment advisory (plan)$12,474
LPL FINANCIAL RPCP · Investment advisory (plan)$11,714
THE RETIREMENT ADVANTAGE · Plan administrator$4,750

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$36,148 · 0.70%
2023$32,465 · 0.84%
2022$25,953 · 0.85%
Same employer
Similar plansAccommodation & Food Services · Michigan
Sundance, Inc. MI$7.2M · 0.63%
Russ' of Holland, Inc. MI$6.9M · 0.61%
Miller Apple L.P. MI$4.8M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383219586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.