2023 Form 5500 filing — Opta Group LLC 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 20240926080726NAL0000361393001) for Opta Group LLC 401(K) Plan, reported by Opta Group Lp under EIN 82-2687965 and plan number 004. It reports 329 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240926080726NAL0000361393001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Opta Group Lp
- EIN
- 82-2687965
- Plan number
- 004
- Location
- New Kensington, PA
- Participants
- 329
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $27,304,964
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,304,964
- Employer contributions
- $906,962
- Participant contributions
- $1,323,864
- Total income / additions
- $5,784,431
- Benefits paid
- $4,322,296
- Administrative expenses
- $83,118
- Total expenses
- $4,390,414
- Net increase / (decrease)
- $1,394,017
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Workplace Services LLC | PLAN ADMINISTRATOR | $39,715 | $0 |
| Commonwealth Financial Network | ADVISOR | $35,000 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $8,403 | not reported in the loaded dataset |