Plan Ledger DOL Form 5500 · updated monthly

Owens & Minor, Inc.401(k)

OWENS & MINOR 401(K) SAVINGS AND RETIREMENT PLAN · MECHANICSVILLE, VA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Owens & Minor, Inc. reported $1,153,602 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,856 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 rose from 0.08% to 0.15%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 46th-largest of 2,266 plans among Virginia employers on file, and the 51st of 4,246 in wholesale trade. In 2024, employees put in $1.57 for every $1.00 the employer contributed; active participation has grown from 7,878 to 11,743 since 2022.

Plan summary
Net assets, end of year$993,500,551
Participants with balances17,269
Active participants11,743
Employer contributions$33,538,830
Employee contributions$52,704,919
Employer contribution per active participant$2,856
Average account balance$57,531
Benefits paid to participants$115,112,808
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$993.5M · 17,269 accts · $33.5M emplr
2023$538.9M · 10,218 accts · $15.6M emplr
2022$477.4M · 9,857 accts · $14.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$621,596
Investment management$342,361
Audit (IQPA)$51,000
Total administrative$1,153,602
The Owens & Minor, Inc. 401(k) match · 2024
Employer contribution per active participant$2,856
Median for plans this size$4,294
2024$2,856 per active participant
2023$2,738 per active participant
2022$1,829 per active participant

Owens & Minor, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20246
FIDELITY INVESTMENTS INST. OPER. CO · Loan processing$621,596
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$342,361
CAPTRUST FINANCIAL ADVISORS · Consulting$84,496
KPMG · Accounting / audit$51,000
CAPTRUST · Investment management$27,038
WILLIAMS MULLEN · Legal$25,551

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

Administrative cost history3
2024$1,153,602 · 0.15%
2023$368,150 · 0.07%
2022$447,201 · 0.08%
Same employer
Similar plansWholesale Trade · Virginia
Ferguson Enterprises, LLC VA$3.6B · 0.04%
Thales USA, Inc. VA$1.6B · 0.05%
Jre Holdings, Inc. VA$181.7M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541701843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.