Plan Ledger DOL Form 5500 · updated monthly

Olor, LLC401(k)

OLOR LLC 401(K) PLAN · GRAND RAPIDS, MI · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Olor, LLC reported $5,707 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $780 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 0.114% to 0.108%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Michigan (1,922nd of 2,619), and 1,430th of 2,096 in real estate & leasing. In 2024, employees put in $3.56 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,818,032
Participants with balances133
Active participants197
Employer contributions$153,652
Employee contributions$547,302
Employer contribution per active participant$780
Average account balance$43,745
Benefits paid to participants$281,149
Plan auditUnmodified (clean) audit opinion
AuditorHELMHOLDT & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 133 accts · $154K emplr
2023$4.8M · 131 accts · $138K emplr
2022$3.7M · 128 accts · $144K emplr
Administrative expenses, itemized · 2024
Investment management$5,707
Total administrative$5,707
The Olor, LLC 401(k) match · 2024
Employer contribution per active participant$780
Median for plans this size$1,313
2024$780 per active participant
2023$698 per active participant
2022$665 per active participant

Olor, LLC's 2024 employer contribution ran below the $1,313 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 · 20244
LPL FINANCIAL LLC · Investment advisory (plan)$26,209
EMPOWER ADVISORY GROUP LLC · Investment management$5,275
KDP RETIREMENT PLAN SERVICES, INC. · Contract administrator$550

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$5,707 · 0.11%
2023$5,004 · 0.12%
2022$4,185 · 0.11%
Same employer
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Eenhoorn LLC MI$7.0M · 1.00%
Advent Home Medical MI$6.1M · 0.99%
Legacy, LLC MI$4.9M · 0.86%
Mrd Apartments, LLC MI$4.6M · 1.33%
City Club Apartments, LLC MI$4.4M · 0.84%
Dart Appraisal.com MI$4.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873835448 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.