Plan Ledger DOL Form 5500 · updated monthly

Oxygen Development LLC401(k)

OXYGEN DEVELOPMENT RETIREMENT & SAVINGS PLAN · PALM SPRINGS, FL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Oxygen Development LLC reported $25,436 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,888 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 0.20% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 1,650th-largest of 3,644 plans among Florida employers on file, and the 2,378th of 5,215 in retail trade. In 2024, employees put in $1.91 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,354,498
Participants with balances184
Active participants208
Employer contributions$392,750
Employee contributions$749,427
Employer contribution per active participant$1,888
Average account balance$61,709
Benefits paid to participants$1,672,107
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 184 accts · $393K emplr
2023$10.5M · 186 accts · $440K emplr
2022$8.4M · 188 accts · $381K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,075
Investment management$21,361
Total administrative$25,436
The Oxygen Development LLC 401(k) match · 2024
Employer contribution per active participant$1,888
Median for plans this size$2,416
2024$1,888 per active participant
2023$2,010 per active participant
2022$1,686 per active participant

Oxygen Development LLC's 2024 employer contribution ran below the $2,416 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$21,361

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$25,436 · 0.23%
2023$20,549 · 0.22%
2022$19,227 · 0.20%
Same employer
Similar plansRetail Trade · Florida
Shoes for Crews LLC FL$11.7M · 0.60%
Lokey Oldsmobile, Inc. FL$11.6M · 0.39%
IT Works Marketing, Inc. FL$11.4M · 0.52%
Vera Automotive, Inc. FL$11.2M · 0.47%
Cm Management, Inc. FL$11.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010715094 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.