401k Record

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Olo 401(k)

Recordkeeping fees per participant · Olo Inc. 401(k) Profit Sharing Plan & Trust · plan year 2024

$75.52

Higher than 55% of the 5,847 plans $50 to 250M that report it.

Source

= $59,658 / 790
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014153522NAL0006612722001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014153522NAL0006612722001, received 2025-10-14

10th: $10.22median $69.9190th: $151.08

Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.

Cost and contributions

Administrative expenses excluding investment management, per participant

$93.18

10th: $16.21median $93.2090th: $246.84

Higher than 50% of the 8,758 plans $50 to 250M that report it.

Source

= $73,614 / 790
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014153522NAL0006612722001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014153522NAL0006612722001, received 2025-10-14

Administrative expenses per participant

$215.63

10th: $29.39median $132.8490th: $350.58

Higher than 74% of the 9,042 plans $50 to 250M that report it.

Source

= $170,344 / 790
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014153522NAL0006612722001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014153522NAL0006612722001, received 2025-10-14

Administrative expenses as a share of assets

0.303%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 88% of the 9,049 plans $50 to 250M that report it.

Source

= $170,344 / $56,206,455
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014153522NAL0006612722001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014153522NAL0006612722001, received 2025-10-14

Employer contributions per participant

$4,732

10th: $965median $2,73890th: $8,164

Higher than 75% of the 9,105 plans $50 to 250M that report it.

Source

= $3,738,497 / 790
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014153522NAL0006612722001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014153522NAL0006612722001, received 2025-10-14

Employer share of total contributions

28.1%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 45% of the 9,112 plans $50 to 250M that report it.

Source

= $3,738,497 / $13,320,017
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014153522NAL0006612722001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014153522NAL0006612722001, received 2025-10-14

Plan terms, as stated in Olo Inc.'s SEC filings

Plan terms are described in Olo Inc.'s SEC filings: Form 10-K filed 2025-02-25. No term could be quoted from them with the required precision.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014153522NAL0006612722001, received 2025-10-14

Full record, Olo Inc. 401(k) Profit Sharing Plan & Trust

FieldValueSource
Plan sponsorOLO INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014153522NAL0006612722001, received 2025-10-14
Plan nameOLO INC. 401(K) PROFIT SHARING PLAN & TRUSTForm 5500, line 1a; PLAN_NAME pos 16; filing 20251014153522NAL0006612722001, received 2025-10-14
Sponsor EIN / plan number20-2971562 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014153522NAL0006612722001, received 2025-10-14
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014153522NAL0006612722001, received 2025-10-14
Sponsor locationNEW YORK, NYForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014153522NAL0006612722001, received 2025-10-14
Industry (business code)812990, Other servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014153522NAL0006612722001, received 2025-10-14
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014153522NAL0006612722001, received 2025-10-14
Filing received2025-10-14Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014153522NAL0006612722001, received 2025-10-14
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014153522NAL0006612722001, received 2025-10-14
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251014153522NAL0006612722001, received 2025-10-14
Participants, beginning of year890Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014153522NAL0006612722001, received 2025-10-14
Active participants623Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014153522NAL0006612722001, received 2025-10-14
Participants, end of year869Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014153522NAL0006612722001, received 2025-10-14
Participants with an account balance790Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014153522NAL0006612722001, received 2025-10-14
Total assets, beginning of year$43,375,953Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014153522NAL0006612722001, received 2025-10-14
Total assets, end of year$56,206,455Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014153522NAL0006612722001, received 2025-10-14
Net assets, end of year$56,206,455Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014153522NAL0006612722001, received 2025-10-14
Total income$20,326,809Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014153522NAL0006612722001, received 2025-10-14
Net income$12,830,502Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014153522NAL0006612722001, received 2025-10-14
Employer contributions$3,738,497Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014153522NAL0006612722001, received 2025-10-14
Participant contributions$7,970,689Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014153522NAL0006612722001, received 2025-10-14
Other contributions (incl. rollovers)$1,610,831Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014153522NAL0006612722001, received 2025-10-14
Total contributions$13,320,017Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014153522NAL0006612722001, received 2025-10-14
Benefit payments$7,324,933Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014153522NAL0006612722001, received 2025-10-14
Total expenses (incl. benefit payments)$7,496,307Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014153522NAL0006612722001, received 2025-10-14
Total administrative expenses$170,344Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014153522NAL0006612722001, received 2025-10-14
Contract administrator fees$13,956Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014153522NAL0006612722001, received 2025-10-14
Recordkeeping fees$59,658Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014153522NAL0006612722001, received 2025-10-14
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014153522NAL0006612722001, received 2025-10-14
Investment advisory and management fees$96,730Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014153522NAL0006612722001, received 2025-10-14
Administrative expenses excluding investment management$73,614derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014153522NAL0006612722001, received 2025-10-14
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014153522NAL0006612722001, received 2025-10-14
Held in common/collective trusts$0Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014153522NAL0006612722001, received 2025-10-14
Held in mutual funds$55,271,383Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014153522NAL0006612722001, received 2025-10-14
Independent auditorBAKER TILLY US, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014153522NAL0006612722001, received 2025-10-14

Position = column in the DOL layout for form year 2024. Filing 20251014153522NAL0006612722001, received 2025-10-14.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
MERRILL LYNCH, PIERCE, FENNER & SMIINVESTMENT ADVISOR 27 Investment advisory (plan) $81,141no
LINCOLN NATIONAL CORPORATIONrecordkeeperRECORDKEEPER 13 Contract administrator $59,658yes
PENSION ASSURANCE LLPINVESTMENT ADVISOR 27 Investment advisory (plan) $15,589no
RETIREWELL ADMINISTRATORSrecordkeeperTPA FIRM 15 Recordkeeping and information management $13,956no
EMPOWER LIFE & ANNUITY INSURANCE COrecordkeeperRECORDKEEPER 64 Recordkeeping fees $0yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014153522NAL0006612722001, received 2025-10-14.

What changed since the 2023 plan year

Figure20232024Change
Total assets$43,375,953$56,206,45529.6%
Participants with a balance7737902.2%
Administrative expenses$148,425$170,34414.8%
Recordkeeping fees per participantnot reported$75.52
Employer contributions$3,838,456$3,738,497-2.6%

Prior filing 20241010133854NAL0021061601001, received 2024-10-10; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: OLO INC.; SEC registrant: Olo Inc. (CIK 1431695, matched by EIN; display name from the Form 10-K cover).