Otak Inc. 401k Employee Savings Plan — Form 5500 plan (Otak Inc.)
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, Otak Inc. 401k Employee Savings Plan is a benefit plan reported by Otak Inc. under EIN 93-0788869 and plan number 001. The latest loaded filing year is 2023. The filing reports 508 participants and $41,243,754 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Otak Inc.
- EIN
- 93-0788869
- Plan number
- 001
- Plan type
- 2
- Location
- Portland, OR
- Latest filing year
- 2023
- Participants
- 508
- End-of-year plan assets
- $41,243,754
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 508 | H, C | 20241010181940NAL0020685521001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $41,243,754
- Total liabilities (EOY)
- $36,401
- Net assets (EOY)
- $41,207,353
- Net assets (BOY)
- $34,317,150
Income & contributions
- Employer contributions
- $986,074
- Participant contributions
- $3,495,011
- Total contributions
- $4,772,560
- Total income / additions
- $10,790,601
Expenses & distributions
- Benefits paid
- $3,759,771
- Administrative expenses
- $140,627
- Total expenses
- $3,900,398
- Net increase / (decrease)
- $6,890,203
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aldrich Wealth Limited Partnership | INVESTMENT ADVISOR | $70,223 | not reported in the loaded dataset | 2023 |
| Empower Annuity Ins. Co. Of America | RECORDKEEPER | $68,951 | $0 | 2023 |