Obhg Management Services, LLC 401(k) Review & Grade
Obhg 401(k) Plan
Greenville, SCHealth Care & Social Assistance2,412 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$538Employer $ per active participant
$6,685Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$113.3MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity18.4 / 5037th percentile for employer $ per participant
- Low cost11.3 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving13.8 / 1592th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 45th |
| Employee saving | 92th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($96,300 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $46,875 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Obhg Management Services put in about $538 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,298,418 |
| Participant (employee) contributions | $16,121,143 |
| Other contributions (incl. rollovers in) | $4,893,208 |
| Administrative expenses paid from the plan | $264,277 |
| Contract administrator fees | $211,463 |
| Investment advisory & management fees | $50,341 |
| Other admin expenses | $2,473 |
| Benefits paid out | $8,830,184 |
| Net assets, start / end of year | $87.1M / $113.3M |
| Active participants, start / end of year | 2,257 / 2,566 |
| Participants with account balances | 1,179 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $214,913 reported compensation |
| Kkestra Investment Services, LLC | $100,870 reported compensation |
| Voya Retirement Advisors, LLC | $49,819 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015222534NAL0003053523001, received 2025-10-15, EIN 80-0950275, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.