2023 Form 5500 filing — Optimum Employer Solutions Retirement 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 20241014194659NAL0028176449001) for Optimum Employer Solutions Retirement Plan, reported by Optimum Employer Solutions under EIN 76-0828248 and plan number 001. It reports 2,359 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014194659NAL0028176449001
- Filing year
- 2023
- Form type
- 3
- Plan sponsor
- Optimum Employer Solutions
- EIN
- 76-0828248
- Plan number
- 001
- Location
- Santa Ana, CA
- Participants
- 2,359
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $91,693,490
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $91,693,490
- Employer contributions
- $3,163,450
- Participant contributions
- $9,242,814
- Total income / additions
- $27,185,900
- Benefits paid
- $6,362,986
- Administrative expenses
- $451,366
- Total expenses
- $6,872,630
- Net increase / (decrease)
- $20,313,270
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Slavic Integrated Administration | TPA | $367,575 | not reported in the loaded dataset |
| Slavic Mutual Fund Management | INVESTMENT MANAGEMENT | $51,764 | not reported in the loaded dataset |
| Optimum Employer Solutions | PLAN ADMINISTRATOR | $32,027 | not reported in the loaded dataset |