Plan Snapshot
- Plan Sponsor: Otterbase, INC.
- Sponsor EIN: 383408361
- Sponsor Address: 555 3 MILE RD NW, GRAND RAPIDS, MI, 49544
- Plan Type: 401(k)
- Total Participants: 52
- Total Assets: $3.1M
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 | 52 | $3.1M | $0 | $209,191 |
| 2023 | 211 | $2.5M | $0 | $230,675 |
| 2022 | 198 | $2.1M | $0 | $278,856 |
| 2019 | 189 | $1.7M | $0 | $0 |
| 2018 | 214 | $1.5M | $0 | $0 |
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 |
|---|---|---|---|---|
| HOLTHOUSE CARLIN & VAN TRIGT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HOLTHOUSE CARLIN & VAN TRIGT LLP — 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 | $14,632 | — | $1,225 | — | — |
| 2023 | $271,989 | — | $1,050 | — | — |
| 2022 | $880 | — | — | — | — |
| 2019 | $915 | — | — | — | — |
| 2018 | $1,025 | — | — | — | — |