Plan Ledger DOL Form 5500 · updated monthly

Olympus Holding Company, Inc.401(k)

OLYMPUS HOLDING COMPANY, INC. 401(K) PLAN · WILLOUGHBY, OH · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Olympus Holding Company, Inc. reported $19,489 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $397 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 0.99% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,931st of 3,295), and 12,514th of 13,661 in manufacturing. In 2024, employees put in $6.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,590,860
Participants with balances149
Active participants124
Employer contributions$49,168
Employee contributions$304,273
Employer contribution per active participant$397
Average account balance$17,388
Benefits paid to participants$150,651
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.6M · 149 accts · $49K emplr
2023$2.2M · 146 accts · $36K emplr
2022$1.9M · 137 accts · $29K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,489
Total administrative$19,489
The Olympus Holding Company, Inc. 401(k) match · 2024
Employer contribution per active participant$397
Median for plans this size$1,313
2024$397 per active participant
2023$259 per active participant
2022$218 per active participant

Olympus Holding Company, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20241
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$19,489

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$19,489 · 0.82%
2023$15,092 · 0.75%
2022$19,796 · 0.99%
Similar plansManufacturing · Ohio
G&W Products, LLC OH$2.7M · 0.49%
Malley's Candies, Inc. OH$2.7M · 0.70%
Electro Prime Group LLC OH$2.4M · 0.88%
Fulton County Processing OH$2.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320277629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.