Plan Snapshot
- Plan Sponsor: Olympus Corporation Of The Americas
- Sponsor EIN: 113046497
- Sponsor Address: 3500 CORPORATE PARKWAY, CENTER VALLEY, PA, 18034
- Plan Type: 401(k)
- Total Participants: 4,648
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 4,648 | $1.1B | $35.8M | $47.2M |
| 2023 | 4,312 | $953.6M | $27.0M | $42.3M |
| 2022 | 4,219 | $789.1M | $31.8M | $42.4M |
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 |
|---|---|---|---|---|
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | NONE | $559,772 | — | $559,772 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $396,589 | — | $396,589 |
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $383,351 | — | $383,351 |
| MORGAN LEWIS & BOCKIUS LLP | NONE | $14,422 | — | $14,422 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,354,134
- Estimated Expense Ratio: 0.125% 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 | $1,357,584 | $956,361 | — | — | — |
| 2023 | $1,402,445 | $989,518 | — | — | — |
| 2022 | $1,460,236 | $1,100,734 | — | — | $2,100 |