Olson Oil Company 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Olson Oil Company
  • Sponsor EIN: 460316597
  • Sponsor Address: 951 S. MARION RD, SIOUX FALLS, SD, 57106
  • Plan Type: 401(k)
  • Plan Number: 001
  • Total Participants: 268
  • Total Assets: $4.9M

Key Plan Design Features

  • Auto-Enrollment: Yes
  • Auto-Escalation: No
  • Allows Roth Contributions: Yes
  • Participant Loans: Yes
  • Participant-Directed Investments: Yes
  • ERISA Section 404(c) Fiduciary Safe Harbor: Yes

Plan Financials by Year

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
2023268$4.9M$61,265$407,498
2022170$3.6M$102,739$360,064

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