Plan Snapshot
- Plan Sponsor: Otterbein Seniorlife
- Sponsor EIN: 310549058
- Sponsor Address: 3855 LOWER MARKET STREET, SUITE 300, LEBANON, OH, 45036
- Plan Type: DB
- Plan Number: 001
- Total Participants: 64
- Total Assets: $14.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 64 | $14.7M | $555,000 | $0 |
| 2022 | 70 | $12.8M | $2.2M | $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 |
|---|---|---|---|---|
| HIGHLAND ASSOCIATES | Other Service Provider | $12,128 | — | $12,128 |
| FIFTH THIRD BANK RETIREMENT SERVICE | Other Service Provider | $10,731 | — | $10,731 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,859
- Estimated Expense Ratio: 0.155% 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 |
|---|---|---|---|---|---|
| 2023 | $45,046 | $12,128 | — | — | — |
| 2022 | $496,204 | $23,296 | — | — | $248,804 |