Otto Engineering, Inc. 401(K) Savings And Retirement Plan — Form 5500 plan (Otto Engineering, 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, Otto Engineering, Inc. 401(K) Savings And Retirement Plan is a benefit plan reported by Otto Engineering, Inc. under EIN 36-2538513 and plan number 001. The latest loaded filing year is 2023. The filing reports 603 participants and $57,723,871 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Otto Engineering, Inc.
- EIN
- 36-2538513
- Plan number
- 001
- Plan type
- 2
- Location
- Carpentersville, IL
- Latest filing year
- 2023
- Participants
- 603
- End-of-year plan assets
- $57,723,871
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 603 | H, C | 20241014091551NAL0013048307001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $57,723,871
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $57,723,871
- Net assets (BOY)
- $47,142,898
Income & contributions
- Employer contributions
- $1,191,854
- Participant contributions
- $2,605,330
- Total contributions
- $4,434,450
- Total income / additions
- $13,141,296
Expenses & distributions
- Benefits paid
- $2,471,019
- Administrative expenses
- $89,304
- Total expenses
- $2,560,323
- Net increase / (decrease)
- $10,580,973
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | INVESTMENT MGMT | $48,977 | not reported in the loaded dataset | 2023 |
| Gallagher Benefit Services Inc Dba | INVESTMENT ADVISOR | $37,500 | not reported in the loaded dataset | 2023 |
| Howard Simon & Associates Inc | CONTRACT ADMIN | $2,827 | $5,000 | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Otto Engineering, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Carpentersville, IL
- Empower Advisory Group, LLC — Schedule C compensation
- Gallagher Benefit Services Inc Dba — Schedule C compensation
- Howard Simon & Associates Inc — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation