Plan Ledger DOL Form 5500 · updated monthly

Otter Lake Technologies LLC401(k)

OTTER LAKE TECHNOLOGIES, LLC 401(K) PLAN · SAINT PAUL, MN · plan year 2025

Reported admin expense ratio · 2025
0.19%

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

Otter Lake Technologies LLC reported $5,682 in plan administrative expenses for 2025: 0.19% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,495 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 rose from 0.01% to 0.19%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Minnesota (1,679th of 1,918), and 11,926th of 13,661 in manufacturing. In 2025, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,666,069
Participants with balances144
Active participants120
Employer contributions$299,433
Employee contributions$440,384
Employer contribution per active participant$2,495
Average account balance$25,459
Benefits paid to participants$35,848
Plan auditUnmodified (clean) audit opinion
AuditorBOYUM AND BARENSCHEER
Plan history2
Yearassets · accounts · employer contribution
2025$3.7M · 144 accts · $299K emplr
2024$2.3M · 113 accts · $119K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$5,682
Total administrative$5,682
The Otter Lake Technologies LLC 401(k) match · 2025
Employer contribution per active participant$2,495
Median for plans this size$1,464
2025$2,495 per active participant
2024$1,148 per active participant

Otter Lake Technologies LLC's 2025 employer contribution ran above the $1,464 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$5,682

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

Administrative cost history2
2025$5,682 · 0.19%
2024$210 · 0.01%
Same employer
Similar plansManufacturing · Minnesota
Metro Mold & Design Inc. MN$4.0M · 0.49%
Heggies Pizza, LLC MN$3.8M · 0.16%
Pearsons Candy Co. MN$3.8M · 0.91%
Rhino, Inc. MN$3.7M · 1.09%
Anderson Fabrics, Inc. MN$3.6M · 0.76%
Alexandria Pro-Fab, Inc. MN$3.3M · 0.72%
Voyager Industries, Inc. MN$3.3M · 0.99%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990995717 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.