2023 Form 5500 filing — Otak Inc. 401k Employee Savings 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 20241010181940NAL0020685521001) for Otak Inc. 401k Employee Savings Plan, reported by Otak Inc. under EIN 93-0788869 and plan number 001. It reports 508 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010181940NAL0020685521001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Otak Inc.
- EIN
- 93-0788869
- Plan number
- 001
- Location
- Portland, OR
- Participants
- 508
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $41,243,754
- Total liabilities (EOY)
- $36,401
- Net assets (EOY)
- $41,207,353
- Employer contributions
- $986,074
- Participant contributions
- $3,495,011
- Total income / additions
- $10,790,601
- Benefits paid
- $3,759,771
- Administrative expenses
- $140,627
- Total expenses
- $3,900,398
- Net increase / (decrease)
- $6,890,203
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Aldrich Wealth Limited Partnership | INVESTMENT ADVISOR | $70,223 | not reported in the loaded dataset |
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $68,951 | $0 |