Plan Snapshot
- Plan Sponsor: Opportunity Enterprises, INC.
- Sponsor EIN: 351136833
- Sponsor Address: 2801 EVANS AVENUE, VALPARAISO, IN, 46383
- Plan Type: DC
- Total Participants: 252
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 252 | $5.5M | $239,326 | $362,507 |
| 2023 | 233 | $5.1M | $260,761 | $399,377 |
| 2022 | 224 | $4.5M | $215,529 | $329,635 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| NEWPORT GROUP, INC | Recordkeeper | $40,525 | — | $40,525 |
| WESLEY M. KOTYS | Investment Advisor | $17,922 | — | $17,922 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NEWPORT GROUP, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,447
- Estimated Expense Ratio: 1.060% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $58,447 | $17,922 | $28,679 | — | — |
| 2023 | $54,546 | $15,608 | $29,383 | — | — |
| 2022 | $52,272 | $15,862 | $36,410 | — | — |