Optimae Lifeservices, Inc. Savings And Investment Plan — Form 5500 plan (Optimae Liefservices Inc)

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, Optimae Lifeservices, Inc. Savings And Investment Plan is a benefit plan reported by Optimae Liefservices Inc under EIN 42-1287333 and plan number 001. The latest loaded filing year is 2023. The filing reports 749 participants and $4,902,498 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Optimae Liefservices Inc
EIN
42-1287333
Plan number
001
Plan type
2
Location
Fairfield, IA
Latest filing year
2023
Participants
749
End-of-year plan assets
$4,902,498

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023749H, C20240926135854NAL0000749441001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,902,498
Total liabilities (EOY)
$0
Net assets (EOY)
$4,902,498
Net assets (BOY)
$4,320,921

Income & contributions

Participant contributions
$355,343
Total contributions
$375,136
Total income / additions
$943,986

Expenses & distributions

Benefits paid
$325,675
Administrative expenses
$30,038
Total expenses
$362,409
Net increase / (decrease)
$581,577

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$30,038$02023
Accel Wealth Management LLCINVESTMENT ADVISORY$0$14,9502023

Related Form 5500 pages