Opportunity Financial, LLC 401(K) Plan — Form 5500 plan (Opportunity Financial, 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, Opportunity Financial, LLC 401(K) Plan is a benefit plan reported by Opportunity Financial, LLC under EIN 27-1061911 and plan number 001. The latest loaded filing year is 2023. The filing reports 623 participants and $22,181,089 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Opportunity Financial, LLC
EIN
27-1061911
Plan number
001
Plan type
2
Location
Chicago, IL
Latest filing year
2023
Participants
623
End-of-year plan assets
$22,181,089

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023623H, C20241014095039NAL0044050800001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$22,181,089
Total liabilities (EOY)
$0
Net assets (EOY)
$22,181,089
Net assets (BOY)
$16,443,347

Income & contributions

Employer contributions
$1,577,984
Participant contributions
$3,258,874
Total contributions
$5,489,652
Total income / additions
$8,800,399

Expenses & distributions

Benefits paid
$2,979,986
Administrative expenses
$71,890
Total expenses
$3,062,657
Net increase / (decrease)
$5,737,742

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alera Investment Advisors LLCADVISOR$44,187not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$26,747$02023

Related Form 5500 pages