Plan Snapshot
- Plan Sponsor: Oto Development, LLC
- Sponsor EIN: 201021118
- Sponsor Address: 100 DUNBAR ST, SPARTANBURG, SC, 29306
- Plan Type: 401(k)
- Total Participants: 2,360
- Total Assets: $34.6M
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 | 2,360 | $34.6M | $1.9M | $2.9M |
| 2023 | 2,312 | $33.0M | $2.1M | $2.9M |
| 2022 | 2,292 | $26.8M | $1.8M | $2.7M |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $82,798 | — | $82,798 |
| ONE DIGITAL INVESTMENT ADVISORS | NONE | $16,971 | — | $16,971 |
| GOSNELL MENARD ROBINSON INFANTE CPA | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $99,769
- Estimated Expense Ratio: 0.289% of plan assets
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 | $99,769 | $16,971 | $82,798 | — | — |
| 2023 | $78,586 | $14,354 | $64,232 | — | — |
| 2022 | $76,736 | $13,721 | $63,015 | — | — |