Optimus Steel 401(K) Plan — Form 5500 plan (Optimus Steel 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, Optimus Steel 401(K) Plan is a benefit plan reported by Optimus Steel LLC under EIN 82-4229324 and plan number 002. The latest loaded filing year is 2023. The filing reports 333 participants and $11,922,614 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Optimus Steel LLC
- EIN
- 82-4229324
- Plan number
- 002
- Plan type
- 2
- Location
- The Woodlands, TX
- Latest filing year
- 2023
- Participants
- 333
- End-of-year plan assets
- $11,922,614
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 333 | H, C | 20240917151921NAL0002983809001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,922,614
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,922,614
- Net assets (BOY)
- $9,944,654
Income & contributions
- Employer contributions
- $828,933
- Participant contributions
- $1,333,756
- Total contributions
- $2,162,889
- Total income / additions
- $3,817,255
Expenses & distributions
- Benefits paid
- $1,833,841
- Administrative expenses
- $5,454
- Total expenses
- $1,839,295
- Net increase / (decrease)
- $1,977,960
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Co Of Amer | RECORDKEEPER | $30,972 | $0 | 2023 |
| Morgan Stanley Ins Svc I | BROKER / ADVISOR | $0 | $27,548 | 2023 |
| My Benefits LLC | TPA | $9,585 | $4,989 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $925 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Optimus Steel LLC
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in The Woodlands, TX
- Empower Annuity Ins Co Of Amer — Schedule C compensation
- Morgan Stanley Ins Svc I — Schedule C compensation
- My Benefits LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation