Opensesame 401k Plan — Form 5500 plan (Opensesame, Inc.)

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, Opensesame 401k Plan is a benefit plan reported by Opensesame, Inc. under EIN 45-1621241 and plan number 001. The latest loaded filing year is 2023. The filing reports 306 participants and $16,020,079 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$15.8MPlan net assets, end of year$15,817,912
Participants306Covered participants reported
Assets / participant$52.4KComputed: assets ÷ participants$52,353 (computed)
Provider compensation$77K1 Schedule C provider row(s)$76,977
Plan sponsor
Opensesame, Inc.
EIN
45-1621241
Plan number
001
Plan type
2
Location
Portland, OR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023306H, C20241015163216NAL0016882643001
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)$16M total assets
Net assets$15.8MLiabilities$202.2K
Money in vs. money out
Total income / additions$6.6M
Total expenses$1.1M
Benefits paid / distributions$1.1M
Contributions
Employer$1.2M
Participant$2.5M
Full reported line items

Net assets

Total assets (EOY)
$16,020,079
Total liabilities (EOY)
$202,167
Net assets (EOY)
$15,817,912
Net assets (BOY)
$10,294,533

Income & contributions

Employer contributions
$1,183,132
Participant contributions
$2,511,164
Total contributions
$4,263,786
Total income / additions
$6,635,991

Expenses & distributions

Benefits paid
$1,052,142
Administrative expenses
$60,470
Total expenses
$1,112,612
Net increase / (decrease)
$5,523,379
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 32%Participant 68%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income16%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Pinnacle Wealth AdvisorsSERVICE PROVIDER$0$76,9772023

Related Form 5500 pages