Plan Ledger DOL Form 5500 · updated monthly

The O'Dell Corporation401(k)

THE O'DELL CORPORATION 401(K) PROFIT SHARING PLAN · WARE SHOALS, SC · plan year 2022

Reported admin expense ratio · 2022
0.49%

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

The O'Dell Corporation reported $42,392 in plan administrative expenses for 2022: 0.49% of average plan assets, above the peer median. Employer contributions averaged $1,524 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 manufacturing employers. By assets it is among the smaller plans on file in South Carolina (489th of 807), and 9,766th of 13,661 in manufacturing. In 2022, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,788,884
Participants with balances64
Active participants83
Employer contributions$126,454
Employee contributions$268,165
Employer contribution per active participant$1,524
Average account balance$121,701
Benefits paid to participants$374,271
Plan auditUnmodified (clean) audit opinion
AuditorBURKETT, BURKETT & BURKETT
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,745
Investment management$32,647
Total administrative$42,392
The The O'Dell Corporation 401(k) match · 2022
Employer contribution per active participant$1,524
Median for plans this size$1,114

The O'Dell Corporation's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$42,392 · 0.49%
Similar plansManufacturing · South Carolina
Jb Martin Company SC$8.4M · 0.14%
Pelican Intl USA LLC SC$8.0M · 0.71%
Fomas, Inc. SC$7.6M · 0.43%
Paddle Acquisition Inc. SC$7.3M · 1.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570407864 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.