Plan Ledger DOL Form 5500 · updated monthly

Otto Instrument Service, Inc.401(k)

OTTO INSTRUMENT SERVICE, INC. PROFIT SHARING 401(K) PLAN · ONTARIO, CA · plan year 2024

Reported admin expense ratio · 2024
0.57%

Otto Instrument Service, Inc. reported $17,193 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. 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 3 years on file its reported administrative ratio has held roughly steady near 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (7,721st of 9,483), and 12,138th of 13,661 in manufacturing. active participation has grown from 77 to 90 since 2022.

Plan summary
Net assets, end of year$3,261,462
Participants with balances70
Active participants90
Employer contributions—
Employee contributions$258,045
Employer contribution per active participant—
Average account balance$46,592
Benefits paid to participants$100,031
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.3M · 70 accts
2023$2.8M · 112 accts
2022$2.2M · 111 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,193
Total administrative$17,193
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 · 20243
OSAIC WEALTH, INC. · Investment advisory (participants)$8,292
WOODBURY FINANCIAL SERVICES INC. · Investment advisory (participants)$2,526

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$17,193 · 0.57%
2023$13,095 · 0.53%
2022$13,717 · 0.58%
Similar plansManufacturing · California
Orange Bakery, Inc. CA$3.3M · 0.05%
Flame & Wax Inc CA$3.3M · 0.69%
Xos Fleet, Inc. CA$3.3M · 0.27%
Bitdeer Inc CA$3.2M · 0.27%
Tfc Manufacturing, Inc. CA$3.2M · 0.25%
S&E Gourmet Cuts, Inc. CA$3.2M · 0.08%
Ambiance Apparel CA$3.2M · 0.29%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 952627510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.