Otis Products, Inc. DBA Otis Technology 401(k) match, vesting and fees
What Otis Products, Inc. DBA Otis Technology's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Benefit Plans Administrators | Schedule C ↗ |
| Independent auditor | Dannible & Mckee, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 8,908 defined-contribution plans in manufacturing with 100 to 499 participants.
| Otis Products, Inc. DBA Otis Technology: employer contribution per participant | $54 | |
| Peer median | $1,847 |
| Otis Products, Inc. DBA Otis Technology: average balance | $106,295 | |
| Peer median | $65,512 |
| Otis Products, Inc. DBA Otis Technology: admin expenses ÷ assets | 0.65% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $12.4M at the end of plan year 2021 to $13.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 132 | $13.2M | $6,665 | $54 | 0.65% | Not published | Form 5500 ↗ |
| 2023 | 127 | $12.2M | $116K | $1,025 | 0.65% | Not published | Form 5500 ↗ |
| 2022 | 110 | $10.8M | $191K | $1,888 | 0.62% | Not published | Form 5500 ↗ |
| 2021 | 122 | $12.4M | $197K | $1,740 | 0.65% | Not published | Form 5500 ↗ |
Other Otis Products, Inc. DBA Otis Technology plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Otis Products, Inc. Cash Balance Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | Pension (defined benefit) · Terminated (final filing) | Form 5500 ↗ |
Common questions
Does Otis Products, Inc. DBA Otis Technology match 401(k) contributions?
The match terms for the Otis Products, Inc. 401(k) Safe Harbor Plan have not been published from its filing yet. The plan year 2024 filing reports $6,665 in employer contributions, about $54 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Otis Products, Inc. DBA Otis Technology 401(k) match vested?
The vesting schedule for the Otis Products, Inc. 401(k) Safe Harbor Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Otis Products, Inc. DBA Otis Technology 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Benefit Plans Administrators. The plan administrator is Otis Products, Inc. DBA Otis Technology, Inc..
I left Otis Products, Inc. DBA Otis Technology. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Otis Products, Inc. DBA Otis Technology, Inc., (315) 348-4300) or the recordkeeper, Benefit Plans Administrators. The Otis Products, Inc. DBA Otis Technology old 401(k) page lists the contacts from every plan filing. Find an old Otis Products, Inc. DBA Otis Technology 401(k)
Data from the public Form 5500 annual reports Otis Products, Inc. DBA Otis Technology filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Otis Products, Inc. DBA Otis Technology. Not financial advice. Report a correction · Methodology