Otc Brands, Inc. 401(k) Review & Grade
Otc Brands, Inc. 401(k) Retirement Plan
Ralston, NERetail Trade1,027 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,177Employer $ per active participant
$4,107Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$99.4MNet plan assets, end of year
$117,921Average balance per account
Score breakdown
- Employer generosity34.2 / 5068th percentile for employer $ per participant
- Low cost23.1 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving10.1 / 1567th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 68th |
| Lower admin cost | 92th |
| Employee saving | 67th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $121,449 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Otc Brands put in about $1,177 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,208,462 |
| Participant (employee) contributions | $4,217,991 |
| Other contributions (incl. rollovers in) | $426,477 |
| Administrative expenses paid from the plan | $30,695 |
| Contract administrator fees | $26,034 |
| Investment advisory & management fees | $4,661 |
| Benefits paid out | $8,361,089 |
| Net assets, start / end of year | $90.3M / $99.4M |
| Active participants, start / end of year | 1,083 / 971 |
| Participants with account balances | 843 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Caron & Bletzer PLLC |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $26,033 reported compensation |
| Wilshire Advisors LLC | $0 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250730134558NAL0005712912001, received 2025-07-30, EIN 27-4791180, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.