Plan Snapshot
- Plan Sponsor: Otac No. 4, INC.
- Sponsor EIN: 521881485
- Sponsor Address: 528 COLLEGE PARKWAY SUITE 1, ANNAPOLIS, MD, 21409
- Plan Type: 401(k)
- Total Participants: 169
- Total Assets: $2.5M
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 | 169 | $2.5M | $15,022 | $132,811 |
| 2023 | 234 | $2.3M | $8,500 | $125,386 |
| 2022 | 214 | $2.0M | $9,771 | $152,288 |
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 |
|---|---|---|---|---|
| MULLEN, SONDBERG, WIMBISH & STON | Auditor | — | — | $0 |
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 | $25,331 | $1,931 | — | — | — |
| 2023 | $15,355 | — | $15,355 | — | — |
| 2022 | $14,202 | — | $13,747 | — | — |