Optimum Employer Solutions 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2016. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.
Optimum Employer Solutions 401(k) Login
Retirement plan providers can change. This information is from the plan's 2016 filing.
Optimum Employer Solutions 401(k) Plan Facts (plan year 2016)
Source: Form 5500 for plan year 2016 (Jan 1, 2016 – Dec 31, 2016), filed Apr 23, 2019. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2016
- $3.28 million went into the plan in contributions, $873,483 of it from the employer (27%).
- $957,233 was paid out to participants.
- Investment and other income added $574,977.
- Administrative expenses were $70,650, about $125 per account.
How the Optimum Employer Solutions 401(k) changed, 2012–2016
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2012 | 20 | $325,467 | $10,424 | $9,795 |
| 2013 | 52 | $658,917 | $43,134 | $9,021 |
| 2014 | 111 | $2.98 million | $201,950 | $363,486 |
| 2015 | 279 | $5.31 million | $452,805 | $851,489 |
| 2016 | 596 | $14.7 million | $873,483 | $957,233 |
Optimum Employer Solutions 401(k) Contact Information
Questions about the Optimum Employer Solutions 401(k)
Is the Optimum Employer Solutions 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2016, and no later filing was found under this employer's EIN.
Does Optimum Employer Solutions contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2016 the employer contributed $873,483, 27% of all contributions.
Does the Optimum Employer Solutions 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Optimum Employer Solutions 401(k) plan?
596 participants at the start of plan year 2016, 660 of them active employees, and 214 former employees who still had money in the plan.
What is the average 401(k) balance at Optimum Employer Solutions?
About $26,008 per account: $14.7 million in plan assets across 567 accounts with a balance at the end of plan year 2016.
Who manages the Optimum Employer Solutions 401(k) accounts?
Slavic401k is the plan's recordkeeper, which is where participants log in to see their balance.