Employers › OSI Systems
Recordkeeping fees per participant · OSI Systems, Inc. 401(k) Savings Plan · plan year 2024
$90.60
Higher than 90% of the 1,697 plans $250M to 1B that report it.
= $153,203 / 1,691
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250709173616NAL0013512322001, received 2025-07-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250709173616NAL0013512322001, received 2025-07-09
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-09.
Administrative expenses excluding investment management, per participant
$117.98
Higher than 83% of the 2,324 plans $250M to 1B that report it.
= $199,504 / 1,691
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250709173616NAL0013512322001, received 2025-07-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250709173616NAL0013512322001, received 2025-07-09
Administrative expenses per participant
$151.99
Higher than 82% of the 2,405 plans $250M to 1B that report it.
= $257,020 / 1,691
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250709173616NAL0013512322001, received 2025-07-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250709173616NAL0013512322001, received 2025-07-09
Administrative expenses as a share of assets
0.095%
Higher than 64% of the 2,407 plans $250M to 1B that report it.
= $257,020 / $269,774,045
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250709173616NAL0013512322001, received 2025-07-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250709173616NAL0013512322001, received 2025-07-09
Employer contributions per participant
$2,283
Higher than 32% of the 2,457 plans $250M to 1B that report it.
= $3,859,865 / 1,691
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250709173616NAL0013512322001, received 2025-07-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250709173616NAL0013512322001, received 2025-07-09
Employer share of total contributions
18.4%
Higher than 12% of the 2,459 plans $250M to 1B that report it.
= $3,859,865 / $21,012,464
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250709173616NAL0013512322001, received 2025-07-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250709173616NAL0013512322001, received 2025-07-09
Plan terms are described in OSI Systems, Inc.'s SEC filings: Form 10-K filed 2026-08-21. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250709173616NAL0013512322001, received 2025-07-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | OSI SYSTEMS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Plan name | OSI SYSTEMS, INC. 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Sponsor EIN / plan number | 33-0238801 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Sponsor location | TORRANCE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Industry (business code) | 335310, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Filing received | 2025-07-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Participants, beginning of year | 2,180 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Active participants | 1,920 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Participants, end of year | 2,398 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Participants with an account balance | 1,691 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Total assets, beginning of year | $242,064,642 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Total assets, end of year | $269,774,045 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Net assets, end of year | $269,774,045 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Total income | $56,458,647 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Net income | $27,709,403 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Employer contributions | $3,859,865 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Participant contributions | $14,492,779 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Other contributions (incl. rollovers) | $2,659,820 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Total contributions | $21,012,464 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Benefit payments | $28,455,112 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Total expenses (incl. benefit payments) | $28,749,244 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Total administrative expenses | $257,020 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Recordkeeping fees | $153,203 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| IQPA audit fees | $24,150 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Investment advisory and management fees | $57,516 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Administrative expenses excluding investment management | $199,504 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Held in mutual funds | $190,829,042 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250709173616NAL0013512322001, received 2025-07-09 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250709173616NAL0013512322001, received 2025-07-09 |
Position = column in the DOL layout for form year 2024. Filing 20250709173616NAL0013512322001, received 2025-07-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $153,203 | yes |
| ONEDIGITAL INVESTMENT ADVISORS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $57,500 | no |
| MOSS ADAMS LLP | AUDITOR | 10 Accounting (including auditing) | $24,150 | no |
| RESOURCES INVESTMENT ADVISORS, LLC | INVESTMENT MGMT | 28 Investment management | $16 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250709173616NAL0013512322001, received 2025-07-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $242,064,642 | $269,774,045 | 11.4% |
| Participants with a balance | 1,738 | 1,691 | -2.7% |
| Administrative expenses | $252,155 | $257,020 | 1.9% |
| Recordkeeping fees per participant | not reported | $90.60 | |
| Employer contributions | $2,859,804 | $3,859,865 | 35.0% |
Prior filing 20240621142407NAL0002700561001, received 2024-06-21; the plan years are contiguous.
Sponsor name as filed: OSI SYSTEMS, INC.; SEC registrant: OSI SYSTEMS INC (CIK 1039065, matched by EIN; display name from the Form 10-K cover).