Plan Ledger DOL Form 5500 · updated monthly

Oto Development, LLC401(k)

OTO DEVELOPMENT 401K PLAN · SPARTANBURG, SC · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Oto Development, LLC reported $99,769 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $820 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 rose from 0.27% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 164th-largest of 807 plans among South Carolina employers on file, and the 404th of 2,096 in real estate & leasing. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,573,035
Participants with balances981
Active participants2,360
Employer contributions$1,935,290
Employee contributions$2,875,744
Employer contribution per active participant$820
Average account balance$35,243
Benefits paid to participants$7,694,111
Plan auditUnmodified (clean) audit opinion
AuditorGOSNELL MENARD ROBINSON INFANTE CPA
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 981 accts · $1.9M emplr
2023$33.0M · 1,142 accts · $2.1M emplr
2022$26.8M · 1,065 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,798
Investment management$16,971
Total administrative$99,769
The Oto Development, LLC 401(k) match · 2024
Employer contribution per active participant$820
Median for plans this size$2,416
2024$820 per active participant
2023$913 per active participant
2022$775 per active participant

Oto Development, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
ASCENSUS LLC · Recordkeeping$82,798
ONE DIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$16,971

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$99,769 · 0.30%
2023$78,586 · 0.26%
2022$76,736 · 0.27%
Same employer
Similar plansReal Estate & Leasing · South Carolina
Sunbelt Rentals, Inc. SC$1.2B · 0.15%
Edens Realty, Inc. SC$71.2M · 0.15%
American Equipment Co, Inc. SC$38.3M · 0.18%
The Beach Company SC$34.1M · 0.21%
Pk Management LLC SC$16.9M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201021118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.