2023 Form 5500 filing — Optimum Hit LLC 401k Profit Sharing Plan & Trust
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 20241012120712NAL0039804592001) for Optimum Hit LLC 401k Profit Sharing Plan & Trust, reported by Optimum Healthcare It, LLC under EIN 45-4481569 and plan number 001. It reports 643 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241012120712NAL0039804592001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Optimum Healthcare It, LLC
- EIN
- 45-4481569
- Plan number
- 001
- Location
- Jacksonville Beach, FL
- Participants
- 643
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,155,627
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,155,627
- Employer contributions
- $526,760
- Participant contributions
- $2,487,688
- Total income / additions
- $5,803,915
- Benefits paid
- $2,787,824
- Administrative expenses
- $85,612
- Total expenses
- $2,894,938
- Net increase / (decrease)
- $2,908,977
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $66,797 | $0 |
| Kestra Investment Services LLC | BROKER/ADVISER | $0 | $32,735 |
| Retirement Solutions Specialists | CONTRACT ADMIN | $7,259 | $9,995 |
| Empower Advisory Group, LLC | INVESTMENT MANAGEMENT | $10,998 | not reported in the loaded dataset |
| Retirement Solutions Specialists | OTHER | $42 | not reported in the loaded dataset |