Plan Ledger DOL Form 5500 · updated monthly

Olive Ai, Inc.401(k)

OLIVE AI, INC. 401(K) PLAN · COLUMBUS, OH · plan year 2022

Reported admin expense ratio · 2022
0.80%

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

Olive Ai, Inc. reported $183,036 in plan administrative expenses for 2022: 0.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,530 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,112th-largest of 3,295 plans among Ohio employers on file, and the 4,717th of 11,654 in professional & technical services. In 2022, employees put in $2.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,271,040
Participants with balances1,169
Active participants659
Employer contributions$4,303,302
Employee contributions$11,674,337
Employer contribution per active participant$6,530
Average account balance$21,618
Benefits paid to participants$8,318,094
Plan auditUnmodified (clean) audit opinion
AuditorBARNES DENNIG & CO.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$68,372
Professional / advisory$114,664
Total administrative$183,036
The Olive Ai, Inc. 401(k) match · 2022
Employer contribution per active participant$6,530
Median for plans this size$2,266

Olive Ai, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$183,036 · 0.80%
Similar plansProfessional & Technical Services · Ohio
Nations Lending Corporation OH$25.7M · 0.78%
United Audit Systems Inc. OH$25.6M · 0.47%
The Shipyard, LLC OH$25.3M · 0.31%
Maloney & Novotny LLC OH$24.9M · 0.27%
Karpinski Engineering, Inc. OH$24.8M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464455633 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.