Retirement plan

OLYMPUS GYMNASTICS 401(K)

Name: OLYMPUS GYMNASTICS LLC - OLYMPUS GYMNASTICS 401(K) (2024) Form 5500
Creator: OLYMPUS GYMNASTICS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OLYMPUS GYMNASTICS 401(K), OLYMPUS GYMNASTICS LLC

OLYMPUS GYMNASTICS LLCEIN 47-2141014Plan #001PY 2024

1357 WEST SOUTH JORDAN PARKWAY - SOUTH JORDAN, UT 84095801-446-0279olympusgymnastics.orgLinkedIn1-10 employeessports

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$212K

+43.5% from 2023

Total participants

0.0% from 2023

Average account balance

$42,448

+72.2% from 2023

Annual return

22.08%

-23.19 pp from 2023

Benchmarks

See 10,265 peers

Peer group

Industry71 - Arts, Entertainment, and Recreation

Plan typeDefined contribution

Participants<25

Cohort10,265 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$212K

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

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.

125.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$41K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+22.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1837

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$9K

$2297 / participant

Other / not subdivided$9K100.0%

% of EOY assets

4.329%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,448

$169,161-74.9%

$129,295-67.2%

$145,959-70.9%

Participation rate

75.0%

76.5%-1.5pp

69.6%+5.4pp

80.3%-5.3pp

Annual return

22.08%

14348.07%-14326.0pp

9429.28%-9407.2pp

561.95%-539.9pp

Employer contribution / active EE

$3,791

$5,543-31.6%

$4,157-8.8%

$4,661-18.7%

Participant deferral / active EE

$6,406

$4,989+28.4%

$4,169+53.7%

$6,689-4.2%

Admin fee / account holder

$1,837

$9,878-81.4%

$7,665-76.0%

$13,398-86.3%

OLYMPUS GYMNASTICS 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OLYMPUS GYMNASTICS 401(K)

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