Olam Americas, Inc. 401(k) Review & Grade
Olam America Employee Savings Plan
Fresno, CAAgriculture, Forestry, Fishing & Hunting2,911 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,598Employer $ per active participant
$3,614Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$175.6MNet plan assets, end of year
$87,058Average balance per account
Score breakdown
- Employer generosity28.7 / 5057th percentile for employer $ per participant
- Low cost12.4 / 2550th percentile for low admin cost vs. same-size plans
- Employee saving5.9 / 1539th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: all industries, plans with 2,500–9,999 active participants (fewer than 30 industry peers) (2,386 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 57th |
| Lower admin cost | 50th |
| Employee saving | 39th |
| Peers that auto-enroll | 52% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Olam Americas put in about $2,598 per active participant, more than the typical peer ($2,062). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $7,562,444 |
| Participant (employee) contributions | $10,520,505 |
| Other contributions (incl. rollovers in) | $984,844 |
| Administrative expenses paid from the plan | $199,370 |
| Contract administrator fees | $28,675 |
| Investment advisory & management fees | $161,945 |
| Other admin expenses | $8,750 |
| Benefits paid out | $13,700,906 |
| Net assets, start / end of year | $149.3M / $175.6M |
| Active participants, start / end of year | 3,048 / 2,774 |
| Participants with account balances | 2,017 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Voya Retirement Insurance & Annuity | $2,002,567 reported compensation |
| Voya Retirement Advisors, LLC | $140,045 reported compensation |
| Raymond James Financial Services Ad | $49,316 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015154132NAL0005020385001, received 2025-10-15, EIN 11-3662046, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.