Plan Ledger DOL Form 5500 · updated monthly

Olon Ricerca Bioscience LLC401(k)

OLON RICERCA BIOSCIENCE LLC INVESTMENT PLAN · CONCORD, OH · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Olon Ricerca Bioscience LLC reported $24,802 in plan administrative expenses for 2024: 0.14% of average plan assets, below the peer median. Employer contributions averaged $2,453 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 rose from 0.03% to 0.14%. 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 the 1,448th-largest of 3,295 plans among Ohio employers on file, and 5,976th of 11,654 in professional & technical services. In 2024, employees put in $3.06 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,737,453
Participants with balances146
Active participants122
Employer contributions$299,246
Employee contributions$914,311
Employer contribution per active participant$2,453
Average account balance$121,489
Benefits paid to participants$3,859,933
Plan auditUnmodified (clean) audit opinion
AuditorPLANTE AND MORAN, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$17.7M · 146 accts · $299K emplr
2023$17.7M · 149 accts · $313K emplr
2022$15.9M · 148 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,155
Total administrative$24,802
The Olon Ricerca Bioscience LLC 401(k) match · 2024
Employer contribution per active participant$2,453
Median for plans this size$2,416
2024$2,453 per active participant
2023$2,586 per active participant
2022$1,488 per active participant

Olon Ricerca Bioscience LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$1,225
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$46,550
OLON USA LLC$23,578

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Olon Ricerca Bioscience LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,802 · 0.14%
2023$2,659 · 0.02%
2022$4,406 · 0.03%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 821583049 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.