Back to filter
Original filing (PDF)20251014084320NAL0002337841001
OLECO, INC.
Form 5500
FILING_RECEIVED
GLOBALTEC 401(K) AND PROFIT SHARING PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
169
Accounts w/ balance
288
Plan assets (EOY)
$6.4M
Net assets (EOY)
$6.4M
How this plan invests
This plan
15 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
93
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- 67 bps in Schedule C fees — modestly above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for OLECO, INC..
Plan sponsor
Name
OLECO, INC.
EIN
38-1861040
Address
18683 TRIMBLE CT · SPRING LAKE, MI · 49456
Phone
(616) 842-6790
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
003
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-14
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
NOVOTNY CPA GROUP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | 93-1253576 | — | NONE | $29K | — |
| RAYMOND JAMES FINANCIAL SERVICES AD | 59-2937883 | — | NONE | $14K | — |
Investments
15 direct securities· $6.4M(100% of reported assets)
Uncategorized
$6.0M
14 holdings
Mutual Funds
$358K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Voya Intermediate Bond Fund | — | — | — | $1.5M | 23.2% | |
| Fidelity Investments 500 Index Fund | — | — | — | $1.2M | 18.7% | |
| MFS Institutional Advisors, Inc. International Diversification Fund | — | — | — | $806K | 12.6% | |
| Common Collective Trust * Standard Insurance Company Stable Asset Fund | — | — | — | $794K | 12.4% | |
| PIMCO Real Return Institutional Fund ** 38 The Vanguard Group, Inc Equity-Income Admiral Fund | — | — | — | $507K | 7.9% | |
| MFS Institutional Advisors, Inc. Growth Fund | — | — | — | $493K | 7.7% | |
| American Funds, Inc. American Balanced Fund | Mutual Funds | — | — | $358K | 5.6% | |
| The Vanguard Group, Inc Small Cap Index Admiral Fund | — | — | — | $292K | 4.6% | |
| MFS Institutional Advisors, Inc. Mid Cap Growth Fund | — | — | — | $192K | 3.0% | |
| Wells Fargo Advantage Special Mid Cap Value Fund | — | — | — | $166K | 2.6% | |
| Fidelity Investments International Index Fund | — | — | — | $39K | 0.6% | |
| Voya Small Cap Growth Fund | — | — | — | $33K | 0.5% | |
| Fidelity Investments Mid Cap Index Fund | — | — | — | $19K | 0.3% | |
| The Vanguard Group, Inc Long-Term Investment-Grade Fund | — | — | — | $7K | 0.1% | |
| Fidelity Investments US Bond Index Fund | — | — | — | $6K | <0.1% |
Related plans
Other plans using STANCORP FINANCIAL GROUP
STANDARD INSURANCE COMPANY
THE STANDARD 401(K) PLAN
$1.3B · 4,268 participants
BERRY GLOBAL, INC.
BERRY GLOBAL EMPLOYEES 401(K) RETIREMENT PLAN
$1.1B · 17,041 participants
MICHAEL BAKER INTERNATIONAL HOLDCO CORPORATION
MICHAEL BAKER INTERNATIONAL 401(K) PLAN
$933.4M · 3,807 participants
GHD INC.
GHD INC. 401(K) EMPLOYEES' SAVINGS PLAN
$476.8M · 2,044 participants
AWC, INC.
AWC, INC. EMPLOYEES' SAVINGS PLAN
$423.5M · 616 participants
POET BIOREFINING LLC
POET 401(K) PLAN
$265.7M · 2,397 participants
Similar-size Manufacturing plans
DELTA FIRE, INC.
DELTA FIRE, INC. 401K PROFIT SHARING PLAN
$6.4M · 15 participants
CELINA COMPANY, LLC
CELINA COMPANY EMPLOYEES RETIREMENT PLAN
$6.4M · 70 participants
W.R. MALECKAR COMPANY
W.R. MALECKAR COMPANY PROFIT SHARING PLAN
$6.4M · 5 participants
PSCO KIEFFER, INC.
PSCO KIEFFER RETIREMENT PLAN
$6.4M · 62 participants
MASTER PNEUMATIC-DETROIT, INC.
MASTER PNEUMATIC-DETROIT, INC. RETIREMENT PLAN
$6.4M · 59 participants
STERLING WINDOW SYSTEMS, INC
STERLING WINDOW SYSTEMS, INC. RETIREMENT PLAN
$6.4M · 7 participants
Large plans in Michigan
GENERAL MOTORS LLC
GENERAL MOTORS HOURLY-RATE EMPLOYEES PENSION PLAN
$44.8B · 15,648 participants
GENERAL MOTORS LLC
GENERAL MOTORS SAVINGS PLAN MASTER TRUST
$32.4B
THE COMMITTEE OF THE UAW RETIREE MEDICAL BENEFITS TRUST
UAW GM RETIREES MEDICAL BENEFITS PLAN
$30.6B
FORD MOTOR COMPANY
FORD MOTOR COMPANY MASTER TRUST FUND
$29.5B
FORD MOTOR COMPANY
FORD DEFINED CONTRIBUTION PLANS MASTER TRUST
$25.3B
GENERAL MOTORS LLC
GENERAL MOTORS RETIREMENT SAVINGS PLAN FOR SALARIED EMPLOYEES IN THE UNITED STATES
$23.1B · 41,023 participants