Plan Snapshot
- Plan Sponsor: Omnyon
- Sponsor EIN: 274495156
- Sponsor Address: 7067 COLUMBIA GATEWAY DR, COLUMBIA, MD, 21046
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 379
- Total Assets: $26.4M
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. |
|---|---|---|---|---|
| 2025 | 379 | $26.4M | $0 | $0 |
| 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 |
|---|---|---|---|---|
| ONE DIGITAL INVESTMENT ADVISORS | Other Service Provider | $25,000 | — | $25,000 |
| THE VANGUARD GROUP, INC. | Other Service Provider | $6,590 | — | $6,590 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,590
- Estimated Expense Ratio: 0.119% 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 | $1,167,274 | $25,000 | $6,590 | — | — |
| 2024 | $45,784 | $27,486 | $18,298 | — | — |
| 2023 | $27,113 | $5,852 | $21,261 | — | — |
| 2022 | $22,683 | — | $22,683 | — | — |