Otis Elevator Company Puerto Rico Pension Plan — Form 5500 plan (Otis Worldwide Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Otis Elevator Company Puerto Rico Pension Plan is a benefit plan reported by Otis Worldwide Corporation under EIN 83-3789412 and plan number 014. The latest loaded filing year is 2023. The filing reports 119 participants and $2,813,947 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Otis Worldwide Corporation
- EIN
- 83-3789412
- Plan number
- 014
- Plan type
- 2
- Location
- Farmington, CT
- Latest filing year
- 2023
- Participants
- 119
- End-of-year plan assets
- $2,813,947
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 119 | H, C | 20250715162431NAL0005101666001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,813,947
- Total liabilities (EOY)
- $48,460
- Net assets (EOY)
- $2,765,487
- Net assets (BOY)
- $2,208,152
Income & contributions
- Employer contributions
- $358,672
- Total contributions
- $358,672
- Total income / additions
- $917,834
Expenses & distributions
- Benefits paid
- $175,369
- Administrative expenses
- $185,130
- Total expenses
- $360,499
- Net increase / (decrease)
- $557,335
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Grant Thornton Llp | NONE | $63,700 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson | NONE | $60,715 | not reported in the loaded dataset | 2023 |
| Bank Of America | NONE | $9,610 | $0 | 2023 |