2023 Form 5500 filing — Optimax Systems, Inc. 401(K) Profit Sharing Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240723111213NAL0011628721001) for Optimax Systems, Inc. 401(K) Profit Sharing Plan, reported by Optimax Systems, Inc. under EIN 16-1399834 and plan number 001. It reports 491 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$27.7MReported net assets$27,667,245
Participants491
Provider compensation$6.7K1 Schedule C row(s)$6,697
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240723111213NAL0011628721001
Plan sponsor
Optimax Systems, Inc.
EIN
16-1399834
Plan number
001
Location
Ontario, NY
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$27.7M total assets
Net assets$27.7MLiabilities$0
Money in vs. money out
Total income / additions$9M
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$744K
Participant$3M
Full reported line items
Total assets (EOY)
$27,667,245
Total liabilities (EOY)
$0
Net assets (EOY)
$27,667,245
Employer contributions
$743,974
Participant contributions
$3,033,385
Total income / additions
$8,967,356
Benefits paid
$1,185,136
Administrative expenses
$6,697
Total expenses
$1,195,632
Net increase / (decrease)
$7,771,724
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $6.7K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240723111213NAL0011628721001 cover?
It is the 2023 Form 5500 filing for Optimax Systems, Inc. 401(K) Profit Sharing Plan, reported by Optimax Systems, Inc. (EIN 16-1399834).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages