Plan Ledger DOL Form 5500 · updated monthly

Otscon Inc.401(k)

OTSCON 401K PLAN · COLUMBIA, MO · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Otscon Inc. reported $852 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,649 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 1 year on file its reported administrative ratio fell from 0.013% to 0.010%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Missouri (1,018th of 1,393), and 10,544th of 13,661 in manufacturing. In 2022, the employer put in $1.13 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$6,259,282
Participants with balances110
Active participants81
Employer contributions$133,568
Employee contributions$117,799
Employer contribution per active participant$1,649
Average account balance$56,903
Benefits paid to participants$177,681
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS-KEEPERS LLC
Plan history2
Yearassets · accounts · employer contribution
2023$4.8M · 88 accts · $106K emplr
2022$6.3M · 110 accts · $134K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$852
Total administrative$852
The Otscon Inc. 401(k) match · 2022
Employer contribution per active participant$1,649
Median for plans this size$1,114
2023$1,436 per active participant
2022$1,649 per active participant

Otscon Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$540 · 0.01%
2022$852 · 0.01%
Similar plansManufacturing · Missouri
Cap America, Inc. MO$6.4M · 1.16%
Supply Logic, LLC MO$6.3M · 0.39%
Walker Products Inc. MO$6.3M · 0.43%
Custom Metalcraft, Inc. MO$6.2M · 0.74%
Newco Enterprises, Inc. MO$5.9M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431783130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.