Plan Ledger DOL Form 5500 · updated monthly

Open Technology Solutions, LLC401(k)

OPEN TECHNOLOGY SOLUTIONS, LLC 401(K) PLAN · CENTENNIAL, CO · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Open Technology Solutions, LLC reported $6,678 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,611 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.06% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 446th-largest of 1,461 plans among Colorado employers on file, and the 4,918th of 11,654 in professional & technical services. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 175 to 201 since 2022.

Plan summary
Net assets, end of year$23,887,108
Participants with balances251
Active participants201
Employer contributions$1,328,742
Employee contributions$1,782,157
Employer contribution per active participant$6,611
Average account balance$95,168
Benefits paid to participants$3,036,353
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$23.9M · 251 accts · $1.3M emplr
2023$21.0M · 267 accts · $1.6M emplr
2022$15.1M · 231 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,810
Investment management$3,868
Total administrative$6,678
The Open Technology Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$6,611
Median for plans this size$2,416
2024$6,611 per active participant
2023$7,538 per active participant
2022$5,752 per active participant

Open Technology Solutions, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$2,810

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$6,678 · 0.03%
2023$12,190 · 0.07%
2022$9,894 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Colorado
Davis Partnership, P.C. CO$24.4M · 0.42%
Nexus Technologies, LLC CO$24.4M · 0.44%
Ctl/Thompson, Inc. CO$24.0M · 0.74%
Red Canary Inc. CO$23.9M · 0.11%
Wurkforce, Inc. CO$23.8M · 1.54%
Srk Consulting (U.S.), Inc. CO$23.6M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200038158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.