Plan Snapshot
- Plan Sponsor: Olson Technologies, INC.
- Sponsor EIN: 232361912
- Sponsor Address: 160 WALNUT STREET, ALLENTOWN, PA, 18102
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 31
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 31 | $0 | $219,736 | $0 |
| 2023 | 30 | $83,187 | $950,543 | $46,625 |
| 2022 | 28 | $144,404 | $861,479 | $40,610 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $49,019 | — | $49,019 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $49,019
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 | $194,020 | — | — | — | — |
| 2023 | $1,121,687 | — | — | — | — |
| 2022 | $866,453 | — | — | — | — |