Plan Snapshot
- Plan Sponsor: Orion
- Sponsor EIN: 710945404
- Sponsor Address: 2940 RIVERBY ROAD, SUITE 400, HOUSTON, TX, 77020
- Plan Type: 401(k)
- Total Participants: 1,684
- Total Assets: $82.8M
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 | 1,684 | $82.8M | $2.5M | $5.8M |
| 2023 | 723 | $68.3M | $1.9M | $4.5M |
| 2022 | 760 | $58.1M | $1.4M | $4.3M |
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 |
|---|---|---|---|---|
| MELTON & MELTON LLP | Auditor | $26,000 | — | $26,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELTON & MELTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,000
- Estimated Expense Ratio: 0.031% 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 |
|---|---|---|---|---|---|
| 2024 | $72,580 | $63,956 | $300 | $26,000 | — |
| 2023 | $52,705 | $32,997 | — | $48,000 | — |
| 2022 | $51,780 | — | — | — | — |