Plan Ledger DOL Form 5500 · updated monthly

Ota Management LLC401(k)

OTA 401(K)/PROFIT SHARING PLAN · PURCHASE, NY · plan year 2022

Reported admin expense ratio · 2022
0.00%

Ota Management LLC reported $1,640 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio fell from 0.003% to 0.003%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,355th-largest of 5,648 plans among New York employers on file, and the 1,649th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$50,598,396
Participants with balances120
Active participants76
Employer contributions—
Employee contributions$1,018,075
Employer contribution per active participant—
Average account balance$421,653
Benefits paid to participants$920,133
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM,SMITH AND BROWN
Plan history2
Yearassets · accounts · employer contribution
2023$32.3M · 50 accts
2022$50.6M · 120 accts
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$1,100 · 0.00%
2022$1,640 · 0.00%
Similar plansFinance & Insurance · New York
Alti Global Holdings, LLC NY$52.0M · 0.12%
Nippon Life Group NY$51.4M · 0.19%
Trustco Bank NY$50.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223882586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.