401k Plan data: OTTO & ASSOCIATES CASH BALANCE PLAN plan

OTTO & ASSOCIATES CASH BALANCE PLAN 401k Plan overview

Plan Name	OTTO & ASSOCIATES CASH BALANCE PLAN
Plan identification number	002

OTTO & ASSOCIATES CASH BALANCE PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

OTTO & ASSOCIATES has sponsored the creation of one or more 401k plans.

Company Name: OTTO & ASSOCIATES

Employer identification number (EIN): 223215200

NAIC Classification: 524210
NAIC Description: Insurance Agencies and Brokerages

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OTTO & ASSOCIATES CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2023-01-01 KEITH OTTO 2024-10-10
002 2022-01-01 KEITH OTTO 2023-10-12
002 2021-01-01 KEITH OTTO 2022-10-06
002 2020-01-01 KEITH OTTO 2021-10-07
002 2019-01-01 KEITH OTTO 2020-10-02

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2023-01-01	KEITH OTTO	2024-10-10
002	2022-01-01	KEITH OTTO	2023-10-12
002	2021-01-01	KEITH OTTO	2022-10-06
002	2020-01-01	KEITH OTTO	2021-10-07
002	2019-01-01	KEITH OTTO	2020-10-02

Plan Statistics for OTTO & ASSOCIATES CASH BALANCE PLAN

401k plan membership statisitcs for OTTO & ASSOCIATES CASH BALANCE PLAN

Measure Date Value
2025: OTTO & ASSOCIATES CASH BALANCE PLAN 2025 401k membership
Total number of particpants at beginning of year 2025-10-08 5
Total number of particpants at end of year 2025-10-08 5
2024: OTTO & ASSOCIATES CASH BALANCE PLAN 2024 401k membership
Total number of particpants at beginning of year 2024-10-10 5
Total number of particpants at end of year 2024-10-10 5
2022: OTTO & ASSOCIATES CASH BALANCE PLAN 2022 401k membership
Market value of plan assets 2022-12-31 874,070
Acturial value of plan assets 2022-12-31 874,070
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 905,479
Number of active participants 2022-12-31 4
Total funding liabilities for active participants 2022-12-31 905,479
Total participant count 2022-12-31 4
Total funding target for all participants 2022-12-31 905,479
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 240,266
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 36,820
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 203,446
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 227,636
Total employer contributions 2022-12-31 400,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 395,912
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 274,879
Net shortfall amortization installment of oustanding balance 2022-12-31 270,290
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 299,857
Additional cash requirement 2022-12-31 299,857
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 395,912
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total number of particpants at beginning of year 2022-10-06 3
Total number of particpants at end of year 2022-10-06 4
Number of Participants With Account Balances 2022-10-06 4
2021: OTTO & ASSOCIATES CASH BALANCE PLAN 2021 401k membership
Market value of plan assets 2021-12-31 868,939
Acturial value of plan assets 2021-12-31 868,939
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 0
Number of active participants 2021-12-31 4
Total funding liabilities for active participants 2021-12-31 573,593
Total participant count 2021-12-31 4
Total funding target for all participants 2021-12-31 573,593
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 3,479
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 3,479
Present value of excess contributions 2021-12-31 235,334
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 235,369
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 235,369
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 240,266
Total employer contributions 2021-12-31 187,322
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 187,227
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 268,253
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 226,015
Carryover balance elected to use to offset funding requirement 2021-12-31 0
Prefunding balance elected to use to offset funding requirement 2021-12-31 38,788
Additional cash requirement 2021-12-31 187,227
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 187,227
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: OTTO & ASSOCIATES CASH BALANCE PLAN 2020 401k membership
Market value of plan assets 2020-12-31 344,210
Acturial value of plan assets 2020-12-31 344,210
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 0
Number of active participants 2020-12-31 3
Total funding liabilities for active participants 2020-12-31 276,057
Total participant count 2020-12-31 3
Total funding target for all participants 2020-12-31 276,057
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 0
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 0
Present value of excess contributions 2020-12-31 3,478
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 3,479
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2020-12-31 3,479
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 3,479
Total employer contributions 2020-12-31 436,610
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 434,147
Liquidity shortfalls end of Q1 2020-12-31 0
Liquidity shortfalls end of Q2 2020-12-31 0
Liquidity shortfalls end of Q3 2020-12-31 0
Liquidity shortfalls end of Q4 2020-12-31 0
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 263,296
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 198,813
Carryover balance elected to use to offset funding requirement 2020-12-31 0
Prefunding balance elected to use to offset funding requirement 2020-12-31 0
Additional cash requirement 2020-12-31 198,813
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 434,147
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: OTTO & ASSOCIATES CASH BALANCE PLAN 2019 401k membership
Market value of plan assets 2019-12-31 0
Acturial value of plan assets 2019-12-31 0
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 0
Fundng target for terminated vested participants 2019-12-31 0
Active participant vested funding target 2019-12-31 0
Number of active participants 2019-12-31 3
Total funding liabilities for active participants 2019-12-31 0
Total participant count 2019-12-31 3
Total funding target for all participants 2019-12-31 0
Balance at beginning of prior year after applicable adjustments 2019-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2019-12-31 0
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 0
Present value of excess contributions 2019-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 0
Total employer contributions 2019-12-31 274,644
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 268,151
Liquidity shortfalls end of Q1 2019-12-31 0
Liquidity shortfalls end of Q2 2019-12-31 0
Liquidity shortfalls end of Q3 2019-12-31 0
Liquidity shortfalls end of Q4 2019-12-31 0
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 264,673
Net shortfall amortization installment of oustanding balance 2019-12-31 0
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 264,673
Carryover balance elected to use to offset funding requirement 2019-12-31 0
Prefunding balance elected to use to offset funding requirement 2019-12-31 0
Additional cash requirement 2019-12-31 264,673
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 268,151
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0

Measure	Date	Value
2025: OTTO & ASSOCIATES CASH BALANCE PLAN 2025 401k membership
Total number of particpants at beginning of year	2025-10-08	5
Total number of particpants at end of year	2025-10-08	5
2024: OTTO & ASSOCIATES CASH BALANCE PLAN 2024 401k membership
Total number of particpants at beginning of year	2024-10-10	5
Total number of particpants at end of year	2024-10-10	5
2022: OTTO & ASSOCIATES CASH BALANCE PLAN 2022 401k membership
Market value of plan assets	2022-12-31	874,070
Acturial value of plan assets	2022-12-31	874,070
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	905,479
Number of active participants	2022-12-31	4
Total funding liabilities for active participants	2022-12-31	905,479
Total participant count	2022-12-31	4
Total funding target for all participants	2022-12-31	905,479
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	240,266
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	36,820
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	203,446
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	227,636
Total employer contributions	2022-12-31	400,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	395,912
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	274,879
Net shortfall amortization installment of oustanding balance	2022-12-31	270,290
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	299,857
Additional cash requirement	2022-12-31	299,857
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	395,912
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total number of particpants at beginning of year	2022-10-06	3
Total number of particpants at end of year	2022-10-06	4
Number of Participants With Account Balances	2022-10-06	4
2021: OTTO & ASSOCIATES CASH BALANCE PLAN 2021 401k membership
Market value of plan assets	2021-12-31	868,939
Acturial value of plan assets	2021-12-31	868,939
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	0
Number of active participants	2021-12-31	4
Total funding liabilities for active participants	2021-12-31	573,593
Total participant count	2021-12-31	4
Total funding target for all participants	2021-12-31	573,593
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	3,479
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	3,479
Present value of excess contributions	2021-12-31	235,334
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	235,369
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	235,369
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	240,266
Total employer contributions	2021-12-31	187,322
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	187,227
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	268,253
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	226,015
Carryover balance elected to use to offset funding requirement	2021-12-31	0
Prefunding balance elected to use to offset funding requirement	2021-12-31	38,788
Additional cash requirement	2021-12-31	187,227
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	187,227
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: OTTO & ASSOCIATES CASH BALANCE PLAN 2020 401k membership
Market value of plan assets	2020-12-31	344,210
Acturial value of plan assets	2020-12-31	344,210
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	0
Number of active participants	2020-12-31	3
Total funding liabilities for active participants	2020-12-31	276,057
Total participant count	2020-12-31	3
Total funding target for all participants	2020-12-31	276,057
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	0
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	0
Present value of excess contributions	2020-12-31	3,478
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	3,479
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2020-12-31	3,479
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	3,479
Total employer contributions	2020-12-31	436,610
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	434,147
Liquidity shortfalls end of Q1	2020-12-31	0
Liquidity shortfalls end of Q2	2020-12-31	0
Liquidity shortfalls end of Q3	2020-12-31	0
Liquidity shortfalls end of Q4	2020-12-31	0
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	263,296
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	198,813
Carryover balance elected to use to offset funding requirement	2020-12-31	0
Prefunding balance elected to use to offset funding requirement	2020-12-31	0
Additional cash requirement	2020-12-31	198,813
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	434,147
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: OTTO & ASSOCIATES CASH BALANCE PLAN 2019 401k membership
Market value of plan assets	2019-12-31	0
Acturial value of plan assets	2019-12-31	0
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	0
Number of active participants	2019-12-31	3
Total funding liabilities for active participants	2019-12-31	0
Total participant count	2019-12-31	3
Total funding target for all participants	2019-12-31	0
Balance at beginning of prior year after applicable adjustments	2019-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2019-12-31	0
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	0
Present value of excess contributions	2019-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	0
Total employer contributions	2019-12-31	274,644
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	268,151
Liquidity shortfalls end of Q1	2019-12-31	0
Liquidity shortfalls end of Q2	2019-12-31	0
Liquidity shortfalls end of Q3	2019-12-31	0
Liquidity shortfalls end of Q4	2019-12-31	0
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	264,673
Net shortfall amortization installment of oustanding balance	2019-12-31	0
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	264,673
Carryover balance elected to use to offset funding requirement	2019-12-31	0
Prefunding balance elected to use to offset funding requirement	2019-12-31	0
Additional cash requirement	2019-12-31	264,673
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	268,151
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0

Financial Data on OTTO & ASSOCIATES CASH BALANCE PLAN

Measure	Date	Value
2025 : OTTO & ASSOCIATES CASH BALANCE PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year	2025-10-08	0
Net assets as of the end of the plan year	2025-10-08	2208593
Total assets as of the beginning of the plan year	2025-10-08	1801670
Value of plan covered by a fidelity bond	2025-10-08	250000
Participant contributions to plan in this plan year	2025-10-08	0
Other expenses paid from plan in this plan year	2025-10-08	0
Other income to plan in this plan year	2025-10-08	285477
Plan net income in this plan year	2025-10-08	406923
Net assets as of the end of the plan year	2025-10-08	2208593
Net assets as of the beginning of the plan year	2025-10-08	1801670
Employer contributions to plan in this plan year	2025-10-08	121446
Expensese paid to adminstrative service provicers from plan in this plan year	2025-10-08	0
2024 : OTTO & ASSOCIATES CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year	2024-10-10	0
Net assets as of the end of the plan year	2024-10-10	1801670
Total assets as of the beginning of the plan year	2024-10-10	1275184
Value of plan covered by a fidelity bond	2024-10-10	250000
Participant contributions to plan in this plan year	2024-10-10	0
Other expenses paid from plan in this plan year	2024-10-10	0
Other income to plan in this plan year	2024-10-10	230040
Plan net income in this plan year	2024-10-10	526486
Net assets as of the end of the plan year	2024-10-10	1801670
Net assets as of the beginning of the plan year	2024-10-10	1275184
Employer contributions to plan in this plan year	2024-10-10	296446
Expensese paid to adminstrative service provicers from plan in this plan year	2024-10-10	0
2022 : OTTO & ASSOCIATES CASH BALANCE PLAN 2022 401k financial data
Total transfers to/from plan in this plan year	2022-10-06	0
Total liabilities as of the end of the plan year	2022-10-06	0
Total liabilities as of the beginning of the plan year	2022-10-06	0
Total expenses incurred by plan in this plan year	2022-10-06	0
Net assets as of the end of the plan year	2022-10-06	1058071
Total assets as of the beginning of the plan year	2022-10-06	782172
Value of plan covered by a fidelity bond	2022-10-06	250000
Participant contributions to plan in this plan year	2022-10-06	0
Value of participant loans at end of plan year	2022-10-06	0
Other expenses paid from plan in this plan year	2022-10-06	0
Other contributions to plan in this plan year	2022-10-06	0
Other income to plan in this plan year	2022-10-06	88577
Plan net income in this plan year	2022-10-06	275899
Net assets as of the end of the plan year	2022-10-06	1058071
Net assets as of the beginning of the plan year	2022-10-06	782172
Value of contributions failed to transmitted timely	2022-10-06	0
Employer contributions to plan in this plan year	2022-10-06	187322
Fees paid to broker by Benefit Provider	2022-10-06	0
Expensese paid to adminstrative service provicers from plan in this plan year	2022-10-06	0

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Company Name:	OTTO & ASSOCIATES
Employer identification number (EIN):	223215200
NAIC Classification:	524210
NAIC Description:	Insurance Agencies and Brokerages