2023 Form 5500 filing — Optalis Professional Services, LLC 401(K) 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 20241011071011NAL0021468801001) for Optalis Professional Services, LLC 401(K) Plan, reported by Optalis Professional Services, LLC under EIN 84-2318500 and plan number 001. It reports 2,885 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)$25.5MReported net assets$25,546,739
Participants2.9K2,885
Provider compensation$104.1K3 Schedule C row(s)$104,071
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011071011NAL0021468801001
Plan sponsor
Optalis Professional Services, LLC
EIN
84-2318500
Plan number
001
Location
Novi, MI
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)$25.5M total assets
Net assets$25.5MLiabilities$0
Money in vs. money out
Total income / additions$8.6M
Total expenses$3.3M
Benefits paid / distributions$3.2M
Contributions
Employer$320.8K
Participant$2.8M
Full reported line items
Total assets (EOY)
$25,546,739
Total liabilities (EOY)
$0
Net assets (EOY)
$25,546,739
Employer contributions
$320,844
Participant contributions
$2,788,847
Total income / additions
$8,594,642
Benefits paid
$3,192,917
Administrative expenses
$103,039
Total expenses
$3,295,956
Net increase / (decrease)
$5,298,686
Schedule C

Reported service provider compensation

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

  1. 1
    RETAINED BY EMPLOYER · Direct $63.1K · Indirect $0
  2. 2
    RETAINED BY EMPLOYER · Direct $31.1K
  3. 3
    RETAINED BY EMPLOYER · Direct $9.9K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241011071011NAL0021468801001 cover?
It is the 2023 Form 5500 filing for Optalis Professional Services, LLC 401(K) Plan, reported by Optalis Professional Services, LLC (EIN 84-2318500).
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