Plan Snapshot
- Plan Sponsor: Odyssey Charter School INC
- Sponsor EIN: 593579304
- Sponsor Address: 1900 S HARBOR CITY BLVD STE 120, MELBOURNE, FL, 329014725
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 283
- Total Assets: $3.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 283 | $3.9M | $0 | $0 |
| 2024 | 266 | $2.9M | $296,048 | $426,878 |
| 2023 | 245 | $2.0M | $49,941 | $106,361 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| DELTA CAPITAL MANAGEMENT LLC | Investment Advisor | $13,680 | — | $13,680 |
| PAYCHEX, INC. | Recordkeeper | $12,645 | — | $12,645 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,325
- Estimated Expense Ratio: 0.682% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $517,555 | $13,680 | $14,800 | $16,941 | — |
| 2024 | $19,771 | $9,657 | $9,254 | — | — |
| 2023 | $4,397 | $1,226 | $2,884 | — | — |