Plan Ledger DOL Form 5500 · updated monthly

Overwatch Services LLC401(k)

OVERWATCH SERVICES LLC 401(K) PROFIT SHARING PLAN & TRUST · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
49.39%

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

Overwatch Services LLC reported $3,206 in plan administrative expenses for 2022: 49.39% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,639th of 5,648), and 11,639th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$7,148
Participants with balances10
Active participants350
Employer contributions$0
Employee contributions$8,400
Employer contribution per active participant$0
Average account balance$715
Benefits paid to participants$2,768
Plan auditUnmodified (clean) audit opinion
AuditorCABALLERO FIERMAN LLERENA LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,180
Investment management$26
Total administrative$3,206
The Overwatch Services LLC 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$331

Overwatch Services LLC's 2022 employer contribution ran below the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,206 · 49.39%
Similar plansProfessional & Technical Services · New York
Optanix, Inc. NY$27K · 0.63%
Proline Spray Foam Inc OH$9K · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273165274 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.