Optim Orthopedics, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Optim Orthopedics, LLC)
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, Optim Orthopedics, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Optim Orthopedics, LLC under EIN 47-2413464 and plan number 001. The latest loaded filing year is 2023. The filing reports 311 participants and $39,697,343 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Optim Orthopedics, LLC
- EIN
- 47-2413464
- Plan number
- 001
- Plan type
- 2
- Location
- Savannah, GA
- Latest filing year
- 2023
- Participants
- 311
- End-of-year plan assets
- $39,697,343
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 311 | H, C | 20241013103831NAL0012391859001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $39,697,343
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,697,343
- Net assets (BOY)
- $32,904,897
Income & contributions
- Employer contributions
- $1,738,622
- Participant contributions
- $1,456,402
- Total contributions
- $3,344,890
- Total income / additions
- $9,907,699
Expenses & distributions
- Benefits paid
- $3,034,601
- Administrative expenses
- $72,221
- Total expenses
- $3,115,253
- Net increase / (decrease)
- $6,792,446
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $36,256 | $0 | 2023 |
| Ennis, Pellum & Associates | ACCOUNTANT | $27,452 | $0 | 2023 |
| Hpm Partners, LLC | INVESTMENT/FINANCIAL ADVI | $8,512 | $0 | 2023 |
| Td Ameritrade, Inc. | SECURITES BROKER | $10 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Optim Orthopedics, LLC
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Savannah, GA
- Adp, Inc. — Schedule C compensation
- Ennis, Pellum & Associates — Schedule C compensation
- Hpm Partners, LLC — Schedule C compensation
- Td Ameritrade, Inc. — Schedule C compensation