Plan Snapshot
- Plan Sponsor: Olo INC.
- Sponsor EIN: 202971562
- Sponsor Address: ONE WORLD TRADE CENTER 258 FULTON S, NEW YORK, NY, 10007
- Plan Type: 401(k)
- Total Participants: 623
- Total Assets: $56.2M
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 | 623 | $56.2M | $3.7M | $8.0M |
| 2023 | 686 | $43.4M | $3.8M | $8.0M |
| 2022 | 706 | $27.2M | $3.1M | $7.3M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMI | INVESTMENT ADVISOR | $81,141 | — | $81,141 |
| LINCOLN NATIONAL CORPORATION | RECORDKEEPER | $59,658 | — | $59,658 |
| PENSION ASSURANCE LLP | INVESTMENT ADVISOR | $15,589 | — | $15,589 |
| RETIREWELL ADMINISTRATORS | TPA FIRM | $13,956 | — | $13,956 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — RECORDKEEPER
- PENSION ASSURANCE LLP — INVESTMENT ADVISOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $170,344
- Estimated Expense Ratio: 0.303% 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 | $170,344 | $96,730 | $13,956 | — | — |
| 2023 | $148,425 | $148,425 | — | — | — |
| 2022 | $75,940 | $75,940 | — | — | — |