Plan Ledger DOL Form 5500 · updated monthly

Olympus Corporation of the Americas401(k)

OLYMPUS CORPORATION OF THE AMERICAS 401K SAVINGS PLAN · CENTER VALLEY, PA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Olympus Corporation of the Americas reported $1,357,584 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,697 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 0.16% to 0.13%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 70th-largest of 3,651 plans among Pennsylvania employers on file, and the 311th of 13,661 in manufacturing. In 2024, employees put in $1.32 for every $1.00 the employer contributed; active participation has grown from 4,219 to 4,648 since 2022.

Plan summary
Net assets, end of year$1,086,006,380
Participants with balances6,777
Active participants4,648
Employer contributions$35,774,565
Employee contributions$47,180,261
Employer contribution per active participant$7,697
Average account balance$160,249
Benefits paid to participants$111,307,373
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.1B · 6,777 accts · $35.8M emplr
2023$953.6M · 6,465 accts · $27.0M emplr
2022$789.1M · 6,195 accts · $31.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$383,351
Investment management$956,361
Total administrative$1,357,584
The Olympus Corporation of the Americas 401(k) match · 2024
Employer contribution per active participant$7,697
Median for plans this size$5,259
2024$7,697 per active participant
2023$6,262 per active participant
2022$7,538 per active participant

Olympus Corporation of the Americas's 2024 employer contribution ran above the $5,259 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY · Recordkeeping · Loan processing$383,351
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$559,772
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$396,589
MORGAN LEWIS & BOCKIUS LLP · Legal$14,422
QDRO CONSULTANTS COMPANY, LLC$3,450
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$750

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
2023Empower

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Administrative cost history3
2024$1,357,584 · 0.13%
2023$1,402,445 · 0.16%
2022$1,460,236 · 0.16%
Same employer
Similar plansManufacturing · Pennsylvania
Bbu, Inc. PA$1.2B · 0.04%
Coherent Corp. PA$1.2B · 0.03%
Cslb Holdings Inc. PA$1.2B · 0.07%
Mylan Inc. PA$1.2B · 0.00%
B. Braun Medical Inc. PA$977.3M · 0.08%
Essity North America PA$912.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 113046497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.