Plan Snapshot
- Plan Sponsor: Oliver Packaging, LLC
- Sponsor EIN: 371864363
- Sponsor Address: 10 GILPIN AVE., HAUPPAUGE, NY, 11788
- Plan Type: 401(k)
- Total Participants: 436
- Total Assets: $53.3M
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. |
|---|---|---|---|---|
| 2024 | 436 | $53.3M | $1.0M | $2.2M |
| 2023 | 522 | $48.0M | $949,317 | $2.2M |
| 2022 | 448 | $35.5M | $944,856 | $2.2M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | SERVICE PROVIDER | $2,207 | $82,557 | $84,764 |
| DEFINITI LLC | SERVICE PROVIDER | $14,980 | — | $14,980 |
| CHERRY BEKAERT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — SERVICE PROVIDER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,744
- Estimated Expense Ratio: 0.187% 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 |
|---|---|---|---|---|---|
| 2024 | $178,162 | — | — | — | — |
| 2023 | $116,642 | — | — | — | — |
| 2022 | $107,700 | — | — | — | $107,700 |