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, Refac Optical Group 401(K) Plan is a benefit plan reported by Refac Optical Group under EIN 13-1681234 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,404 participants and $21,504,172 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,504,172
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,504,172
- Net assets (BOY)
- $20,167,978
Income & contributions
- Participant contributions
- $945,263
- Total contributions
- $999,539
- Total income / additions
- $4,287,034
Expenses & distributions
- Benefits paid
- $2,895,265
- Administrative expenses
- $41,908
- Total expenses
- $2,950,840
- Net increase / (decrease)
- $1,336,194