Plan Ledger DOL Form 5500 · updated monthly

Oto Development, LLCbenefits

Oto Development, LLC Welfare Benefits Plan · SPARTANBURG, SC · plan year 2025

Broker compensation reported · 2025
$103,830

Oto Development, LLC's benefits plans covered 1,877 active participants in 2025, providing health · life · dental · vision · short-term disability · long-term disability · death benefits · other. Insurance brokers and agents were paid $103,830 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $55 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay fell 7.9% from $112,681 in 2024.

Insurance contracts · 20255
AMERITAS LIFE INSURANCE CORPORATION · visionpremiums n/a · 1,685 covered
DELTA DENTAL OF MISSOURI · dentalpremiums n/a · 1,160 covered
LINCOLN NATIONAL LIFE INSURANCE COMPANY · life std ltdpremiums n/a · 1,877 covered
KAISER FOUNDATION HEALTH PLAN, INC. · health drug hmopremiums n/a · 129 covered
Brokers & agents paid · 20252
EXPLAIN MY BENEFITS, LLC$92,366 · incl $40,966 fees
STEPHENS INSURANCE$11,464 · incl $11,464 fees
Also brokered by Explain My Benefits, LLC5

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Source: DOL Form 5500 Schedule A, plan year 2025, EIN 201021118 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.