Plan Ledger DOL Form 5500 · updated monthly

Oliver Companies, Inc.401(k)

OLIVER COMPANIES 401(K) PLAN · DULUTH, MN · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Oliver Companies, Inc. reported $23,839 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $402 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other management of companies employers. By assets it is among the smaller plans on file in Minnesota (1,635th of 1,918), and 663rd of 786 in management of companies. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,417,865
Participants with balances162
Active participants599
Employer contributions$240,573
Employee contributions$477,095
Employer contribution per active participant$402
Average account balance$27,271
Benefits paid to participants$290,015
Plan auditUnmodified (clean) audit opinion
AuditorBARTON, WALTER & KRIER P.C.
The Oliver Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$402
Median for plans this size$1,313

Oliver Companies, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$904
WILSHIRE ASSOCIATES INC (USA) · Investment advisory (participants)$563

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

Administrative cost history1
2024$23,839 · 0.54%
Similar plansManagement of Companies · Minnesota
Curtis Squire, Inc. MN$14.8M · 0.66%
Bsa Worldwide Holdings, LLC MN$14.6M · 0.56%
Riverwood Bank MN$14.5M · 0.18%
Nath Companies MN$8.8M · 0.96%
Humedco Corp. NJ$4.6M · 0.47%
Tahoma Enterprises, Inc. OH$4.6M · 0.65%
Frickers USA, LLC OH$4.5M · 0.68%
Scrip, Inc. IL$4.5M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200955781 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.