Plan Ledger DOL Form 5500 · updated monthly

Odyssey Logistics & Technology Corporation401(k)

ODYSSEY LOGISTICS & TECHNOLOGY CORPORATION 401(K) PLAN · DANBURY, CT · plan year 2023

Reported admin expense ratio · 2023
0.35%

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

Odyssey Logistics & Technology Corporation reported $289,363 in plan administrative expenses for 2023: 0.35% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,487 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 2 years on file its reported administrative ratio fell from 0.36% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 211th-largest of 1,106 plans among Connecticut employers on file, and the 1,699th of 11,654 in professional & technical services. In 2023, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$88,126,968
Participants with balances1,230
Active participants1,774
Employer contributions$2,637,550
Employee contributions$5,878,539
Employer contribution per active participant$1,487
Average account balance$71,648
Benefits paid to participants$10,537,331
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA, MILON & LASARACINA
Plan history3
Yearassets · accounts · employer contribution
2024$83.0M · 1,019 accts · $2.2M emplr
2023$88.1M · 1,230 accts · $2.6M emplr
2022$77.3M · 1,259 accts · $2.6M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$289,363
Total administrative$289,363
The Odyssey Logistics & Technology Corporation 401(k) match · 2023
Employer contribution per active participant$1,487
Median for plans this size$3,659
2024$1,575 per active participant
2023$1,487 per active participant
2022$1,476 per active participant

Odyssey Logistics & Technology Corporation's 2023 employer contribution ran below the $3,659 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
MORNINGSTAR INVESTMENT MNGMT LLC · Investment advisory (participants)$23,824
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$16,181
CETERA ADVISORS LLCindirect comp
PENSION CONSULTANTS, INC. · Other servicesindirect comp
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)indirect comp

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$283,697 · 0.33%
2023$289,363 · 0.35%
2022$301,308 · 0.36%
Same employer
Similar plansProfessional & Technical Services · Connecticut
Envision Pharma, Inc. CT$92.0M · 0.34%
Cyient, Inc. CT$89.5M · 0.25%
Cantor Colburn LLP CT$89.0M · 0.14%
Pullman & Comley, LLC CT$86.4M · 0.03%
Fuss & Oneill, Inc. CT$81.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 550804720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.