Plan5500

Saasoptics 401(K) Plan — Form 5500 plan (Saas Optics, LLC Dba Saasoptics, LLC)

Plain-English plan 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, Saasoptics 401(K) Plan is a benefit plan reported by Saas Optics, LLC Dba Saasoptics, LLC under EIN 27-0861656 and plan number 001. The latest loaded filing year is 2023. The filing reports 198 participants and $5,167,787 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.2MPlan net assets, end of year$5,167,787
Participants198Covered participants reported
Assets / participant$26.1KComputed: assets ÷ participants$26,100 (computed)
Provider compensation$66.5K5 Schedule C provider row(s)$66,518
Plan sponsor
Saas Optics, LLC Dba Saasoptics, LLC
EIN
27-0861656
Plan number
001
Plan type
2
Location
Peachtree Corners, GA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    198 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.2M total assets
Net assets$5.2MLiabilities$0
Money in vs. money out
Total income / additions$2.4M
Total expenses$177K
Benefits paid / distributions$133.4K
Contributions
Employer$381.8K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$5,167,787
Total liabilities (EOY)
$0
Net assets (EOY)
$5,167,787
Net assets (BOY)
$2,901,092

Income & contributions

Employer contributions
$381,834
Participant contributions
$1,259,737
Total contributions
$1,717,526
Total income / additions
$2,443,731

Expenses & distributions

Benefits paid
$133,420
Administrative expenses
$43,616
Total expenses
$177,036
Net increase / (decrease)
$2,266,695
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 23%Participant 77%
Total expenses ÷ net assets3%Computed ratio
Benefits paid ÷ total income5%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Empower Annuity Insurance Company$36.9K
    RECORDKEEPER · Direct $36.9K · Indirect $0
  2. 2
    Northwestern Mutual Investment Svcs$19.1K
    BROKER/ADVISER · Direct $0 · Indirect $19.1K
  3. 3
    Empower Advisory Group, LLC$5.1K
    INVESTMENT MGMT · Direct $5.1K
  4. 4
    The Retirement Advantage Inc$5K
    CONTRACT ADMIN · Direct $1.2K · Indirect $3.9K
  5. 5
    Leafhouse Financial Advisors, LLC$437
    OTHER · Direct $437

Related Form 5500 pages