Profile
Otto Trucking, Inc. 401(K) Profit Sharing Plan in Mesa, AZ is in Arizona, its EIN is 860269669, its industry group is General Freight Trucking, its plan administrator is Chris Pederson, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 484110, has 100 to 499 total participants, is worse than the overall plan medians in each of total liabilities, total income, net income, and participant loans as a percentage of plan assets (4 total), and is better than the overall participant averages in each of net income per total participant, average account balance, and total administrative expense per participant.
Numeric values:
- total assets at beginning of plan year ($1,158,683)
- total assets ($840,959)
- net assets (assets minus liabilities) ($830K)
- value of interest in registered investment companies (e.g., mutual funds) ($550K)
- value of interest in common/collective trusts ($288,591)
- total expenses ($178,718)
- cash contributions from participants ($32,504)
- total contributions ($32,504)
- total liabilities ($6,284)
- other administrative expenses ($5,912)
- total administrative expenses ($5,912)
- average account balance ($5,223)
- total noninterest-bearing cash ($4,569)
- receivables - participant contributions ($326)
- average participant cash contribution per active participant ($215.30)
- average employer+participant cash contribution per active participant ($215)
- participant loans ($79)
- total administrative expense per participant ($36.72)
- other receivables (not employer nor participant contributions) ($13)
- receivables - employer contributions ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- cash contributions from employers ($0)
- corrective distributions ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- average employer cash contribution per active participant ($0.00)
- net income per total participant (-$1,749)
- total income (-$102,804)
- earnings on investments (-$135,752)
- net earnings on investments (-$135,752)
- net income (-$281,522)
- percentage of active participants (93.8%)
- diversity of asset types (21.4%)
- total administrative expense ratio (0.700%)
- total cash as a percentage of plan assets (0.54%)
- participant loans as a percentage of plan assets (0.01%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-11.72%)
- growth in total assets during the plan year (-27.4%)
- active participants (151)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (161)
- other retired or separated participants entitled to future benefits (10)
- retired or separated participants receiving benefits (0)
- total participants (161)