Plan Ledger DOL Form 5500 · updated monthly

Owlet Baby Care Inc401(k)

OWLET BABY CARE INC 401(K) PLAN · LEHI, UT · plan year 2024

Reported admin expense ratio · 2024
0.61%

Owlet Baby Care Inc reported $41,569 in plan administrative expenses for 2024: 0.61% of average plan assets, above the peer median. 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 0.67% to 0.61%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Utah (532nd of 848), and 3,222nd of 5,215 in retail trade. active participation has shrunk from 98 to 84 since 2022.

Plan summary
Net assets, end of year$7,218,317
Participants with balances133
Active participants84
Employer contributions—
Employee contributions$768,253
Employer contribution per active participant—
Average account balance$54,273
Benefits paid to participants$1,330,540
Plan auditUnmodified (clean) audit opinion
AuditorSCOTT MILLER CPA & ASSOCIATES.PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 133 accts
2023$6.5M · 144 accts
2022$6.5M · 205 accts · $568K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,419
Total administrative$41,569
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 · 20241
GLOBAL REITREMENTY PARTNERS LLCindirect comp

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$41,569 · 0.61%
2023$51,036 · 0.78%
2022$39,576 · 0.67%
Same employer
Similar plansRetail Trade · Utah
Xyngular Corporation UT$7.6M · 0.82%
L.K.L. Associates, Inc. UT$7.3M · 0.19%
Pura Scents, Inc. UT$6.8M · 0.52%
Al's Sporting Goods, Inc. UT$6.4M · 1.21%
Surefoot L C UT$6.1M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472570945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.