Retirement plan

OLSSON, INC. 401(K) PROFIT SHARING PLAN

Name: OEI, INC. - OLSSON, INC. 401(K) PROFIT SHARING PLAN (2018) Form 5500
Creator: OEI, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OLSSON, INC. 401(K) PROFIT SHARING PLAN, OEI, INC.

OEI, INC.EIN 47-0532319Plan #001PY 2018

601 P STREET - LINCOLN, NE 68508402-474-6311

Other plans on this EIN

1 filing

#002Retirement-$23.2M assets

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed June 16, 2006

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$105.3M

-21.9% from 2019

Total participants

1,428

-6.7% from 2019

Average account balance

$75,205

-17.5% from 2019

Annual return

-1.58%

-27.82 pp from 2019

Benchmarks

See 688 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort688 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$276.63M

Not enough data

1 years with asset history on file

Average account balance

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

$111K

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.

2,498

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+22.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$140

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

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Service providers

Top 10 of 15 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$206,834
DA DAVIDSON & CO1+ years Filed as: D.A. DAVIDSON & CO. Service code 27 · EIN 81-0139474	Advisory (Plan)	$30,331
JOHN HANCOCK LIFE INSURANCE COMPANY1+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS. Service code 15 · EIN 01-0233346	Recordkeeping	$2,227
ALGER1+ years Service code 52 · EIN 04-2451826	Indirect Investment Fees	$0
ALLIANZ GLOBAL INVESTORS1+ years Service code 52 · EIN 33-0457728	Indirect Investment Fees	$0
AMERICAN FUNDS1+ years Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
BLACKROCK1+ years Service code 52 · EIN 22-6437098	Indirect Investment Fees	$0
FIRST EAGLE1+ years Service code 52 · EIN 13-3392291	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1+ years Filed as: FRANKLINTEMPLETON Service code 52 · EIN 59-6865210	Indirect Investment Fees	$0
INVESCO1+ years Service code 52 · EIN 94-2362417	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2S2T3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$239K

$206 / participant

Investment mgmt$226K94.6%
Contract admin$13K5.4%

% of EOY assets

0.227%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,205

$88,874-15.4%

$123,553-39.1%

$75,289-0.1%

Participation rate

97.6%

75.9%+21.7pp

82.3%+15.3pp

72.4%+25.2pp

Annual return

-1.58%

4.22%-5.8pp

119.21%-120.8pp

-0.04%-1.5pp

Employer contribution / active EE

$1,759

$3,256-46.0%

$4,628-62.0%

$2,405-26.9%

Participant deferral / active EE

$6,360

$6,174+3.0%

$6,426-1.0%

$3,739+70.1%

Admin fee / account holder

$171

$95+80.9%

$9,284-98.2%

$102+67.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.1+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$206,834

DA DAVIDSON & CO1+ years

Filed as: D.A. DAVIDSON & CO.

Service code 27 · EIN 81-0139474

Advisory (Plan)

$30,331

JOHN HANCOCK LIFE INSURANCE COMPANY1+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SVCS.

Service code 15 · EIN 01-0233346

Recordkeeping

$2,227

ALGER1+ years

Service code 52 · EIN 04-2451826

Indirect Investment Fees

ALLIANZ GLOBAL INVESTORS1+ years

Service code 52 · EIN 33-0457728

Indirect Investment Fees

AMERICAN FUNDS1+ years

Service code 52 · EIN 95-2817150

Indirect Investment Fees

BLACKROCK1+ years

Service code 52 · EIN 22-6437098

Indirect Investment Fees

FIRST EAGLE1+ years

Service code 52 · EIN 13-3392291

Indirect Investment Fees

FRANKLIN TEMPLETON1+ years

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 59-6865210

Indirect Investment Fees

INVESCO1+ years

Service code 52 · EIN 94-2362417

Indirect Investment Fees

OLSSON, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OLSSON, INC. 401(K) PROFIT SHARING PLAN

Top hat statement on fileNQDC

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