Plan Ledger DOL Form 5500 · updated monthly

Outsourcing Strategies, Inc.401(k)

OUTSOURCING STRATEGIES, INC. 401(K) PROFIT SHARING PLAN · WESTMONT, IL · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Outsourcing Strategies, Inc. reported $185,195 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $816 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 0.66% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,208th-largest of 3,702 plans among Illinois employers on file, and the 3,748th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,352,835
Participants with balances1,251
Active participants2,079
Employer contributions$1,695,633
Employee contributions$4,042,298
Employer contribution per active participant$816
Average account balance$27,460
Benefits paid to participants$3,241,376
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$34.4M · 1,251 accts · $1.7M emplr
2023$25.8M · 1,148 accts · $1.3M emplr
2022$18.7M · 1,030 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125,999
Investment management$58,988
Trustee / custodial$208
Total administrative$185,195
The Outsourcing Strategies, Inc. 401(k) match · 2024
Employer contribution per active participant$816
Median for plans this size$2,416
2024$816 per active participant
2023$1,120 per active participant
2022$563 per active participant

Outsourcing Strategies, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$125,999
FOURSTAR WEALTH ADVISORS LLC · Consulting · Investment advisory (plan)$58,988

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$185,195 · 0.62%
2023$153,129 · 0.69%
2022$113,827 · 0.66%
Similar plansProfessional & Technical Services · Illinois
Hero Digital, LLC IL$34.7M · 0.41%
Redmane Technology, LLC IL$34.7M · 0.13%
Fgm Architects Inc. IL$34.5M · 0.36%
Maven Wave Partners IL$34.4M · 0.23%
O'Hagan Meyer LLC IL$34.2M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203151312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.