2023 Form 5500 filing — Optimus Steel 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240917151921NAL0002983809001) for Optimus Steel 401(K) Plan, reported by Optimus Steel LLC under EIN 82-4229324 and plan number 002. It reports 333 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917151921NAL0002983809001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Optimus Steel LLC
- EIN
- 82-4229324
- Plan number
- 002
- Location
- The Woodlands, TX
- Participants
- 333
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,922,614
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,922,614
- Employer contributions
- $828,933
- Participant contributions
- $1,333,756
- Total income / additions
- $3,817,255
- Benefits paid
- $1,833,841
- Administrative expenses
- $5,454
- Total expenses
- $1,839,295
- Net increase / (decrease)
- $1,977,960
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co Of Amer | RECORDKEEPER | $30,972 | $0 |
| Morgan Stanley Ins Svc I | BROKER / ADVISOR | $0 | $27,548 |
| My Benefits LLC | TPA | $9,585 | $4,989 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $925 | not reported in the loaded dataset |