Optimized Process Furnaces, Inc. - Profit Sharing Plan — Form 5500 plan (Optimized Process Furnaces, 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, Optimized Process Furnaces, Inc. - Profit Sharing Plan is a benefit plan reported by Optimized Process Furnaces, Inc. under EIN 48-0784964 and plan number 001. The latest loaded filing year is 2023. The filing reports 15 participants and $3,796,207 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Optimized Process Furnaces, Inc.
- EIN
- 48-0784964
- Plan number
- 001
- Plan type
- 2
- Location
- Chanute, KS
- Latest filing year
- 2023
- Participants
- 15
- End-of-year plan assets
- $3,796,207
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 15 | I | 20240606163006NAL0046329522002 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,796,207
- Net assets (EOY)
- $3,796,207
- Net assets (BOY)
- $3,712,666
Income & contributions
- Employer contributions
- $195,213
- Total income / additions
- $638,123
Expenses & distributions
- Benefits paid
- $542,420
- Administrative expenses
- $12,162
- Total expenses
- $554,582
- Net increase / (decrease)
- $83,541
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.