Olympus Corporation of the Americas 401(k) Review & Grade
Olympus Corporation of the Americas 401k Savings Plan
Center Valley, PAManufacturing4,480 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$7,985Employer $ per active participant
$10,531Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$1.1BNet plan assets, end of year
$160,249Average balance per account
Score breakdown
- Employer generosity44.3 / 5089th percentile for employer $ per participant
- Low cost11.8 / 2547th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score59 / 100 · Grade C
This plan vs. peers
Peers: Manufacturing plans with 2,500–9,999 active participants (566 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 47th |
| Employee saving | 85th |
| Peers that auto-enroll | 70% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($14,721,362 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $29,581 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Olympus Corporation of the Americas put in about $7,985 per active participant, more than the typical peer ($3,452). 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $35,774,565 |
| Participant (employee) contributions | $47,180,261 |
| Other contributions (incl. rollovers in) | $13,290,561 |
| Administrative expenses paid from the plan | $1,357,584 |
| Investment advisory & management fees | $956,361 |
| Other admin expenses | $3,450 |
| Benefits paid out | $111,307,373 |
| Net assets, start / end of year | $953.6M / $1.1B |
| Active participants, start / end of year | 4,312 / 4,648 |
| Participants with account balances | 6,777 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Capfinancial Partners LLC DBA Captr | $559,772 reported compensation |
| Empower Advisory Group, LLC | $396,589 reported compensation |
| Empower Annuity Insurance Company | $383,351 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260420103050NAL0000683459001, received 2026-04-20, EIN 11-3046497, plan #006, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.