Plan Snapshot
- Plan Sponsor: Omnyon
- Sponsor EIN: 274495156
- Sponsor Address: 1215 COLLINS AVE, ODENTON, MD, 21113
- Plan Type: 401(k)
- Total Participants: 325
- Total Assets: $18.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 325 | $18.5M | $2.5M | $249,905 |
| 2023 | 285 | $13.7M | $2.1M | $207,306 |
| 2022 | 239 | $9.9M | $2.1M | $214,598 |
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 |
|---|---|---|---|---|
| DAVIDSON DOYLE & HILTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIDSON DOYLE & HILTON LLP — Auditor
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 | $45,784 | $27,486 | $18,298 | — | — |
| 2023 | $27,113 | $5,852 | $21,261 | — | — |
| 2022 | $22,683 | — | $22,683 | — | — |