Plan Snapshot
- Plan Sponsor: Owens & Minor, INC.
- Sponsor EIN: 541701843
- Sponsor Address: 10900 NUCKLOS ROAD, STE 400, GLEN ALLEN, VA, 23060
- Plan Type: 401(k)
- Total Participants: 11,743
- Total Assets: $993.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 11,743 | $993.5M | $33.5M | $52.7M |
| 2023 | 5,686 | $888.6M | $15.6M | $29.8M |
| 2022 | 7,878 | $477.4M | $14.4M | $27.9M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INST. OPER. CO | Recordkeeper | $621,596 | — | $621,596 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $342,361 | — | $342,361 |
| CAPTRUST FINANCIAL ADVISORS | Other Service Provider | $84,496 | — | $84,496 |
| KPMG | Auditor | $51,000 | — | $51,000 |
| CAPTRUST | Investment Advisor | $27,038 | — | $27,038 |
| WILLIAMS MULLEN | ERISA Attorney | $25,551 | — | $25,551 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INST. OPER. CO — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
- KPMG — Auditor
- CAPTRUST — Investment Advisor
- WILLIAMS MULLEN — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,152,042
- Estimated Expense Ratio: 0.116% 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 | $1,153,602 | $342,361 | $1,800 | $51,000 | — |
| 2023 | $368,150 | $202,548 | $600 | — | — |
| 2022 | $447,201 | $218,379 | — | — | — |