Plan Ledger DOL Form 5500 · updated monthly

Ollion, Inc.401(k)

2ND WATCH 401(K) PLAN · LIBERTY LAKE, WA · plan year 2024

Reported admin expense ratio · 2024
0.39%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Ollion, Inc. reported $49,241 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $5,036 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (946th of 1,714), and 7,205th of 11,654 in professional & technical services. In 2024, employees put in $2.87 for every $1.00 the employer contributed; active participation has shrunk from 308 to 112 since 2022.

Plan summary
Net assets, end of year$12,620,754
Participants with balances206
Active participants112
Employer contributions$564,018
Employee contributions$1,620,026
Employer contribution per active participant$5,036
Average account balance$61,266
Benefits paid to participants$4,065,194
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER SAVAS
Plan history3
Yearassets · accounts · employer contribution
2024$12.6M · 206 accts · $564K emplr
2023$12.5M · 311 accts · $208K emplr
2022$10.6M · 348 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,241
Total administrative$49,241
The Ollion, Inc. 401(k) match · 2024
Employer contribution per active participant$5,036
Median for plans this size$2,416
2024$5,036 per active participant
2023$982 per active participant

Ollion, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$49,240

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$49,241 · 0.39%
2023$42,986 · 0.37%
2022$36,097 · 0.38%
Same employer
Similar plansProfessional & Technical Services · Washington
Paulas Choice, LLC WA$13.0M · 0.52%
Inviso Corp. WA$12.2M · 0.56%
Group 14 Technologies Inc. WA$12.1M · 0.06%
Systima Technologies, Inc. WA$11.9M · 0.15%
Blueprint Technologies, LLC WA$11.8M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352429290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.