Plan Ledger DOL Form 5500 · updated monthly

Olson Urban Housing, LLC401(k)

THE OLSON COMPANY 401(K) PLAN AND TRUST · SEAL BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Olson Urban Housing, LLC reported $65,896 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,546 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 0.35% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 4,066th-largest of 9,483 plans among California employers on file, and the 2,270th of 5,337 in construction. In 2024, employees put in $3.70 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,967,502
Participants with balances96
Active participants69
Employer contributions$244,643
Employee contributions$905,704
Employer contribution per active participant$3,546
Average account balance$176,745
Benefits paid to participants$1,131,020
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.0M · 96 accts · $245K emplr
2023$14.8M · 96 accts · $217K emplr
2022$12.5M · 101 accts · $217K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,519
Investment management$30,377
Audit (IQPA)$13,000
Total administrative$65,896
The Olson Urban Housing, LLC 401(k) match · 2024
Employer contribution per active participant$3,546
Median for plans this size$2,416
2024$3,546 per active participant
2023$3,343 per active participant
2022$3,384 per active participant

Olson Urban Housing, 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
NFP RETIREMENT INC · Investment advisory (plan)$29,290
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,519
PENSION ASSURANCE LLP · Accounting / audit$13,000

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$65,896 · 0.41%
2023$59,016 · 0.43%
2022$48,570 · 0.35%
Similar plansConstruction · California
Mge Underground, Inc. CA$17.5M · 0.42%
All American Asphalt CA$17.3M · 0.41%
United Mechanical, Inc. CA$17.1M · 0.26%
Trl Systems, Inc. CA$16.8M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330884300 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.