Plan Ledger DOL Form 5500 · updated monthly

Olympus Holdings, LLC401(k)

OLYMPUS HOLDINGS, LLC & AFFILIATES 401(K) PLAN · MORRISTOWN, NJ · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Olympus Holdings, LLC reported $13,762 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,068 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 0.25% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 801st-largest of 2,419 plans among New Jersey employers on file, and the 4,002nd of 11,654 in professional & technical services. In 2024, employees put in $1.91 for every $1.00 the employer contributed; active participation has shrunk from 294 to 139 since 2022.

Plan summary
Net assets, end of year$31,580,241
Participants with balances384
Active participants139
Employer contributions$704,483
Employee contributions$1,347,873
Employer contribution per active participant$5,068
Average account balance$82,240
Benefits paid to participants$3,158,294
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$31.6M · 384 accts · $704K emplr
2023$29.0M · 396 accts · $953K emplr
2022$27.6M · 417 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,762
Total administrative$13,762
The Olympus Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$5,068
Median for plans this size$2,416
2024$5,068 per active participant
2023$6,529 per active participant
2022$4,554 per active participant

Olympus Holdings, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
SAIPH CAPITAL, LLCindirect comp
LOREN D. STARK COMPANY · Other servicesindirect comp
MORNINGSTAR · Investment advisory (plan)indirect comp

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$13,762 · 0.05%
2023$62,749 · 0.22%
2022$72,600 · 0.25%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Eos Accountants LLP NJ$32.5M · 0.17%
Xtivia, Inc. NJ$32.5M · 0.21%
Advanced Digital Data, Inc. NJ$32.2M · 0.13%
Galaxy Systems, Inc. NJ$31.6M · 0.49%
The Mercadien Group, LLC NJ$31.5M · 0.07%
Thomas Lanzetta NJ$30.6M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 202628892 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.