Otterstedt Agency 401(K) Plan — Form 5500 plan (Otterstedt Insurance Agency, Inc.)
Plain-English plan 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, Otterstedt Agency 401(K) Plan is a benefit plan reported by Otterstedt Insurance Agency, Inc. under EIN 22-2062033 and plan number 001. The latest loaded filing year is 2023. The filing reports 127 participants and $11,683,905 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Otterstedt Insurance Agency, Inc.
- EIN
- 22-2062033
- Plan number
- 001
- Plan type
- 2
- Location
- Englewood Cliffs, NJ
- Latest filing year
- 2023
- Participants
- 127
- End-of-year plan assets
- $11,683,905
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 127 | H, C | 20240822151054NAL0003114819001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,683,905
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,683,905
- Net assets (BOY)
- $10,600,850
Income & contributions
- Employer contributions
- $150,000
- Participant contributions
- $899,597
- Total contributions
- $1,075,317
- Total income / additions
- $2,264,172
Expenses & distributions
- Benefits paid
- $1,127,130
- Administrative expenses
- $53,987
- Total expenses
- $1,181,117
- Net increase / (decrease)
- $1,083,055
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $57,876 | $13,018 | 2023 |
| Brinker Capital Investments | MONEY MANAGER | $35,800 | $0 | 2023 |
| The Investment Center | INVESTMENT PROFESSIONAL | $0 | $30,513 | 2023 |
| Intac Actuarial Services, Inc. | THIRD PARTY ADMINISTRATOR | $9,942 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Otterstedt Insurance Agency, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Englewood Cliffs, NJ
- Nationwide — Schedule C compensation
- Brinker Capital Investments — Schedule C compensation
- The Investment Center — Schedule C compensation
- Intac Actuarial Services, Inc. — Schedule C compensation