Optimus Steel Pension Plan — Form 5500 plan (Optimus Steel, 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, Optimus Steel Pension Plan is a benefit plan reported by Optimus Steel, LLC under EIN 82-4229324 and plan number 001. The latest loaded filing year is 2023. The filing reports 135 participants and $10,712,847 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.7MPlan net assets, end of year$10,712,847
Participants135Covered participants reported
Assets / participant$79.4KComputed: assets ÷ participants$79,354 (computed)
Provider compensation$67.1K1 Schedule C provider row(s)$67,122
- Plan sponsor
- Optimus Steel, LLC
- EIN
- 82-4229324
- Plan number
- 001
- Plan type
- 2
- Location
- The Woodlands, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 135 | H, C | 20250724123434NAL0011451826001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$10.7M total assets
Net assets$10.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,712,847
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,712,847
- Net assets (BOY)
- $8,929,264
Income & contributions
- Employer contributions
- $548,464
- Total contributions
- $548,464
- Total income / additions
- $2,492,717
Expenses & distributions
- Benefits paid
- $541,032
- Administrative expenses
- $168,102
- Total expenses
- $709,134
- Net increase / (decrease)
- $1,783,583
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $67,122 | $0 | 2023 |