Omni Air International, LLC 401(k) Review & Grade
Omni Air International, LLC 401(k) Plan
Tulsa, OKTransportation & Warehousing885 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,585Employer $ per active participant
$3,582Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$61.5MNet plan assets, end of year
$59,581Average balance per account
Score breakdown
- Employer generosity40.0 / 5080th percentile for employer $ per participant
- Low cost15.2 / 2561th percentile for low admin cost vs. same-size plans
- Employee saving8.6 / 1557th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score64 / 100 · Grade B
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 61th |
| Employee saving | 57th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($26,491 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Omni Air International put in about $2,585 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,287,964 |
| Participant (employee) contributions | $3,170,451 |
| Other contributions (incl. rollovers in) | $74,681 |
| Administrative expenses paid from the plan | $93,508 |
| Investment advisory & management fees | $11,891 |
| Other admin expenses | $5,235 |
| Benefits paid out | $6,588,541 |
| Net assets, start / end of year | $53.8M / $61.5M |
| Active participants, start / end of year | 818 / 952 |
| Participants with account balances | 1,032 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Hogantaylor LLP |
Largest service providers (Schedule C)
| Bokf, NA | $80,922 reported compensation |
| Onedigital Investment Advisors, LLC | $11,741 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007103449NAL0004442193001, received 2025-10-07, EIN 20-0605928, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.