Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
OTIS WORLDWIDE CORPORATION
EIN 83-3789412ManufacturingLatest filing 2024
Plans
5
Retirement
2
$478.3M assets
Welfare
3
$4.7M premiums
Participants
12,381
1 CARRIER PLACE - FARMINGTON, CT 06032855-250-6947
Retirement portfolio analytics
2 plans aggregated / $478.3M assets / 5,188 participantsRecordkeeper share
DC plan assets by Schedule C recordkeeper
99%top
- ALIGHT SOLUTIONS LLC99%
- (Not disclosed)1%
Participants by plan
Active + retired + deferred vested
Benefits portfolio analytics
3 plans / $4.7M premiums / 3,631 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Life$1.8M
- Long-term disability$1.3M
- Health$677K
- Vision$461K
- Dental$308K
- Other$263K
Carrier market share
Premium dollars by Schedule A carrier
43%top
- LIFE INSURANCE COMPANY OF NORTH AMERICA43%
- THE LINCOLN NATIONAL LIFE INSURANCE COMPANY27%
- VISION SERVICE PLAN10%
- HAWAII MEDICAL SERVICE ASSOCIATION7%
- KAISER FOUNDATION HEALTH PLAN INC7%
- +2 more
Broker market share
Schedule A broker compensation
100%top
- AON CONSULTING INC100%
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#001
OTIS RETIREMENT SAVINGS PLAN
401k
Assets$475.5M
Participants5,072
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#014
OTIS ELEVATOR COMPANY PUERTO RICO PENSION PLAN
TraditionalDB
Assets$2.8M
Participants116
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
GROUP WELFARE BENEFIT PLAN OF OTIS WORLDWIDE CORPORATION
Mixed - LIFE INSURANCE COMPANY OF NORTH AMERICA
Premiums$4.7M
Covered lives3,631
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#503
OTIS U.S. EMPLOYEE SEVERANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#504
OTIS U.S. EXECUTIVE SEVERANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans2
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 001 | OTIS RETIREMENT SAVINGS PLAN | 401k | $475.5M | 5,072 | 2024 | |
| 014 | OTIS ELEVATOR COMPANY PUERTO RICO PENSION PLAN | TraditionalDB | $2.8M | 116 | 2024 |
Welfare plans3
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | GROUP WELFARE BENEFIT PLAN OF OTIS WORLDWIDE CORPORATION | Mixed | LIFE INSURANCE COMPANY OF NORTH AMERICA | $4.7M | 3,631 | 2024 | |
| 503 | OTIS U.S. EMPLOYEE SEVERANCE PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 504 | OTIS U.S. EXECUTIVE SEVERANCE PLAN | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans