Plan Ledger DOL Form 5500 · updated monthly

Otter Products, LLC401(k)

OTTER PRODUCTS, LLC 401(K) PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Otter Products, LLC reported $66,352 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $3,064 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 0.25% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 153rd-largest of 1,461 plans among Colorado employers on file, and the 2,175th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has shrunk from 1,019 to 725 since 2022.

Plan summary
Net assets, end of year$83,454,355
Participants with balances871
Active participants725
Employer contributions$2,221,401
Employee contributions$4,562,391
Employer contribution per active participant$3,064
Average account balance$95,814
Benefits paid to participants$9,829,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$83.5M · 871 accts · $2.2M emplr
2023$74.4M · 910 accts · $2.6M emplr
2022$70.8M · 1,063 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,260
Investment management$8,002
Total administrative$66,352
The Otter Products, LLC 401(k) match · 2024
Employer contribution per active participant$3,064
Median for plans this size$3,635
2024$3,064 per active participant
2023$3,441 per active participant
2022$2,893 per active participant

Otter Products, LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$64,188

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$66,352 · 0.08%
2023$115,830 · 0.16%
2022$186,094 · 0.25%
Same employer
Similar plansManufacturing · Colorado
Translogic Corporation CO$102.8M · 0.14%
Viega, LLC CO$102.3M · 0.17%
Gulftech International Inc. CO$91.0M · 0.35%
Vaisala Inc. CO$85.9M · 0.16%
New Dairy Opco LLC CO$77.8M · 0.36%
Sundyne, LLC CO$69.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841304473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.