Plan Ledger DOL Form 5500 · updated monthly

Owmn, LTD.401(k)

OWMN, LTD 401K PROFIT SHARING PLAN AND TRUST · PARAMUS, NJ · plan year 2022

Reported admin expense ratio · 2022
0.16%

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

Owmn, LTD. reported $3,586 in plan administrative expenses for 2022: 0.16% of average plan assets, below the peer median. Employer contributions averaged $2,017 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in New Jersey (2,119th of 2,419), and 2,070th of 2,199 in information & media. In 2022, employees put in $2.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,255,356
Participants with balances85
Active participants91
Employer contributions$183,543
Employee contributions$503,686
Employer contribution per active participant$2,017
Average account balance$26,534
Benefits paid to participants$107,899
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$1
Total administrative$3,586
The Owmn, LTD. 401(k) match · 2022
Employer contribution per active participant$2,017
Median for plans this size$1,114

Owmn, LTD.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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$3,586 · 0.16%
Similar plansInformation & Media · New Jersey
East Coast News NJ$4.6M · 0.52%
Resource Logistics Inc. NJ$4.4M · 0.17%
Bravo Workforce LLC NJ$3.3M · 0.42%
Newagesys, Inc. NJ$3.0M · 0.43%
Mercury Broadband, LLC KS$2.4M · 2.93%
Akido Labs, Inc. CA$2.4M · 0.16%
Class Technologies Inc DC$2.3M · 1.79%
Acoustic Sounds KS$2.3M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271604374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.