Plan Snapshot
- Plan Sponsor: Omni Services, INC.
- Sponsor EIN: 042580966
- Sponsor Address: 12 EAST WORCESTER ST., WORCESTER, MA, 01604
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 212
- Total Assets: $19.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2025 | 212 | $19.1M | $0 | $0 |
| 2024 | 168 | $15.8M | $432,062 | $951,746 |
| 2023 | 158 | $14.4M | $365,019 | $908,147 |
| 2022 | 134 | $12.3M | $259,718 | $835,813 |
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 |
|---|---|---|---|---|
| COMMONWEALTH FINANCIAL NETWORK | Investment Advisor | $39,723 | — | $39,723 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $5,368 | — | $5,368 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,091
- Estimated Expense Ratio: 0.237% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $1,074,173 | $39,723 | — | — | — |
| 2024 | $38,176 | $36,251 | — | — | — |
| 2023 | $34,549 | $32,103 | — | — | — |
| 2022 | $32,446 | — | — | — | — |