Retirement plan

OLYMPIA / FANDANGO / LEGENDS 401K PLAN

Name: OLYMPIA COMPANIES, LLC - OLYMPIA / FANDANGO / LEGENDS 401K PLAN (2024) Form 5500
Creator: OLYMPIA COMPANIES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OLYMPIA / FANDANGO / LEGENDS 401K PLAN, OLYMPIA COMPANIES, LLC

OLYMPIA COMPANIES, LLCEIN 27-5285347Plan #002PY 2024

11411 SOUTHERN HIGHLANDS PKWY, SUITE 300 - LAS VEGAS, NV 89141702-220-6565olympiacompanies.comLinkedIn5001-10000 employeesreal estate

Prospect flagsLow assets / participantLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$9.8M

+3.4% from 2023

Total participants

743

+11.9% from 2023

Average account balance

$16,806

-18.9% from 2023

Annual return

12.72%

-5.22 pp from 2023

Benchmarks

See 1,561 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants250-999

Cohort1,561 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$9.81M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$17K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

584

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

73.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.72%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$58

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTONLARSONALLEN Service code 10 · EIN 41-0746749	Accounting	$18,900
FARTHER FINANCE ADVISORS LLC1 year Filed as: FARTHER FINANCE, INC. Service code 27 · EIN 83-4348882	Advisory (Plan)	$11,250
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$3,495
GOLDMAN SACHS2 years Filed as: GOLDMAN SACHS PERSONAL FINANCIAL Service code 61 · EIN 27-0493248	Finders' fees / placement fees	$0

Plan features & details

Pension benefit codes2F2G2J2K2T3H2E2U3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$34K

$56 / participant

Recordkeeping$3K10.4%
Investment mgmt$11K33.4%
Other / not subdivided$19K56.2%

% of EOY assets

0.343%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: $18,900
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,806

$83,023-79.8%

$102,437-83.6%

$77,762-78.4%

Participation rate

73.4%

71.5%+1.8pp

74.5%-1.1pp

70.6%+2.8pp

Annual return

12.72%

19.12%-6.4pp

24.95%-12.2pp

31.27%-18.6pp

Employer contribution / active EE

$375

$3,552-89.4%

$3,871-90.3%

$2,728-86.2%

Participant deferral / active EE

$1,793

$4,110-56.4%

$5,060-64.6%

$4,651-61.5%

Admin fee / account holder

$58

$639-91.0%

$8,388-99.3%

$433-86.7%

Provider

Service type

Compensation

CLIFTONLARSONALLEN LLP1 year

Filed as: CLIFTONLARSONALLEN

Service code 10 · EIN 41-0746749

Accounting

$18,900

FARTHER FINANCE ADVISORS LLC1 year

Filed as: FARTHER FINANCE, INC.

Service code 27 · EIN 83-4348882

Advisory (Plan)

$11,250

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$3,495

GOLDMAN SACHS2 years

Filed as: GOLDMAN SACHS PERSONAL FINANCIAL

Service code 61 · EIN 27-0493248

Finders' fees / placement fees

OLYMPIA / FANDANGO / LEGENDS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OLYMPIA / FANDANGO / LEGENDS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion