2023 Form 5500 filing — Otterstedt Agency 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240822151054NAL0003114819001) for Otterstedt Agency 401(K) Plan, reported by Otterstedt Insurance Agency, Inc. under EIN 22-2062033 and plan number 001. It reports 127 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240822151054NAL0003114819001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Otterstedt Insurance Agency, Inc.
- EIN
- 22-2062033
- Plan number
- 001
- Location
- Englewood Cliffs, NJ
- Participants
- 127
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,683,905
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,683,905
- Employer contributions
- $150,000
- Participant contributions
- $899,597
- Total income / additions
- $2,264,172
- Benefits paid
- $1,127,130
- Administrative expenses
- $53,987
- Total expenses
- $1,181,117
- Net increase / (decrease)
- $1,083,055
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide | RECORDKEEPER | $57,876 | $13,018 |
| Brinker Capital Investments | MONEY MANAGER | $35,800 | $0 |
| The Investment Center | INVESTMENT PROFESSIONAL | $0 | $30,513 |
| Intac Actuarial Services, Inc. | THIRD PARTY ADMINISTRATOR | $9,942 | $0 |