Osi Industries, LLC 401(k) Review & Grade
Osi Industries, LLC Profit Sharing and Employees Savings Plan
Aurora, ILManufacturing2,126 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,127Employer $ per active participant
$4,415Employee $ saved per active participant
0.27%Direct admin cost, % of plan assets
$114.1MNet plan assets, end of year
$35,083Average balance per account
Score breakdown
- Employer generosity23.0 / 5046th percentile for employer $ per participant
- Low cost11.0 / 2544th percentile for low admin cost vs. same-size plans
- Employee saving6.4 / 1543th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 46th |
| Lower admin cost | 44th |
| Employee saving | 43th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Osi Industries put in about $2,127 per active participant, below the typical peer ($2,320). 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 auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $4,520,056 |
| Participant (employee) contributions | $9,385,126 |
| Other contributions (incl. rollovers in) | $198,411 |
| Administrative expenses paid from the plan | $300,247 |
| Investment advisory & management fees | $20,000 |
| Benefits paid out | $18,723,772 |
| Net assets, start / end of year | $104.8M / $114.1M |
| Active participants, start / end of year | 2,061 / 2,190 |
| Participants with account balances | 3,253 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Oneamerica Retirement Services LLC | $280,247 reported compensation |
| Oneamerica Inv Advisory Svcs LLC | $20,000 reported compensation |
| Matrix Trust Company | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014152801NAL0003162321001, received 2025-10-14, EIN 52-2399960, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.