# Open Access Technology International, INC. 401(k) Plan
Source: https://planprovider.pro/companies/open-access-technology-international-inc-401k-plan

> Open Access Technology International, INC.'s 401(k) plan: 275 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Open Access Technology International, INC.

- **Sponsor EIN:** 411819220

- **Sponsor Address:** 7901 COMPUTER AVENUE, BLOOMINGTON, MN, 55435

- **Plan Type:** 401(k)

- **Total Participants:** 275

- **Total Assets:** $79.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|275|$79.8M|$1.1M|$2.5M|

| 2023|266|$71.3M|$1.0M|$2.3M|

| 2022|271|$59.3M|$978,881|$2.2M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| ASSURANCE DIMENSIONS, LLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ASSURANCE DIMENSIONS, LLC](https://planprovider.pro/provider/assurance-dimensions-inc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$132,141|$64,552|$67,589|—|—|

| 2023|$145,636|$84,616|$61,020|—|—|

| 2022|$137,315|$80,237|$57,078|—|—|

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