Plan Ledger DOL Form 5500 · updated monthly

The Olympia Companies LLC401(k)

THE OLYMPIA COMPANIES LLC 401(K) PLAN & TRUST · PORTLAND, ME · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

The Olympia Companies LLC reported $76,273 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $231 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 0.52% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 164th-largest of 354 plans among Maine employers on file, and the 357th of 2,240 in accommodation & food services. In 2024, employees put in $7.25 for every $1.00 the employer contributed; active participation has grown from 841 to 1,238 since 2022.

Plan summary
Net assets, end of year$16,833,513
Participants with balances675
Active participants1,238
Employer contributions$286,267
Employee contributions$2,074,897
Employer contribution per active participant$231
Average account balance$24,939
Benefits paid to participants$1,953,842
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 675 accts · $286K emplr
2023$14.0M · 640 accts · $548K emplr
2022$10.4M · 594 accts · $470K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,870
Investment management$38,403
Total administrative$76,273
The The Olympia Companies LLC 401(k) match · 2024
Employer contribution per active participant$231
Median for plans this size$2,416
2024$231 per active participant
2023$508 per active participant
2022$559 per active participant

The Olympia Companies LLC's 2024 employer contribution ran below the $2,416 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 · 20243
VOYA FINANCIAL PARTNERS, INC. · Recordkeeping · Trustee$38,403
ADP, INC. · Loan processing · Recordkeeping$37,870
ADP BROKER-DEALERindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Voya
2023ADP, CETERA ADVISOR NETWORKS LLC, Voya

This plan has changed recordkeepers within these filings. If you left The Olympia Companies LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,273 · 0.49%
2023$60,779 · 0.50%
2022$57,673 · 0.52%
Similar plansAccommodation & Food Services · Maine
Stonewall Kitchen ME$25.1M · 0.41%
Maplevale Farms, Inc. NY$17.0M · 0.34%
Sun Hill Properties, Inc. CA$16.9M · 0.66%
The Dinex Group, LLC NY$16.8M · 0.44%
Runza National, Inc NE$16.8M · 0.37%
Cafe Rio, Inc. UT$16.7M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203653615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.