Plan Ledger DOL Form 5500 · updated monthly

Oltmans Companies401(k)

OLTMANS COMPANIES PROFIT SHARING PLAN · WHITTIER, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Oltmans Companies reported $252,184 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $23,147 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 0.24% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 1,068th-largest of 9,483 plans among California employers on file, and the 654th of 5,337 in construction. In 2024, the employer put in $2.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$92,778,674
Participants with balances134
Active participants143
Employer contributions$3,310,000
Employee contributions$1,430,536
Employer contribution per active participant$23,147
Average account balance$692,378
Benefits paid to participants$8,426,507
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.8M · 134 accts · $3.3M emplr
2023$90.6M · 225 accts · $3.0M emplr
2022$75.7M · 224 accts · $4.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,832
Investment management$80,243
Trustee / custodial$82,109
Total administrative$252,184
The Oltmans Companies 401(k) match · 2024
Employer contribution per active participant$23,147
Median for plans this size$3,635
2024$23,147 per active participant
2023$21,737 per active participant
2022$30,069 per active participant

Oltmans Companies's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
NEWPORT TRUST CO. · Trustee$82,109
WELLS FARGO ADVISORS · Investment management$52,018
AGINCOURT CAPITAL MANAGEMENT, LLC · Investment management$28,225
EMPOWER ADVISORY GROUP, LLC · Investment management$22,368

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$252,184 · 0.28%
2023$280,359 · 0.34%
2022$169,511 · 0.24%
Same employer
Similar plansConstruction · California
Lyles Diversified, Inc. CA$111.0M · 0.17%
Cupertino Electric, Inc. CA$107.1M · 0.07%
Pslq, Inc. dba Greenbee CA$92.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473698702 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.