Plan Snapshot
- Plan Sponsor: Ocs, Incorporated
- Sponsor EIN: 630758956
- Sponsor Address: 509 W. WILLOW ST., SCOTTSBORO, AL, 35768
- Plan Type: 401(k)
- Total Participants: 372
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 372 | $6.2M | $267,826 | $603,994 |
| 2023 | 222 | $5.1M | $234,985 | $517,522 |
| 2022 | 202 | $3.6M | $202,908 | $441,725 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| YOUNGER & COMPANY CPA'S | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $545,313 | — | $8,599 | — | — |
| 2023 | $71,664 | — | $5,500 | — | — |
| 2022 | $5,250 | $955 | — | — | — |