Plan Snapshot
- Plan Sponsor: Optima Machinery Corporation
- Sponsor EIN: 391534738
- Sponsor Address: 1330 CONTRACT DRIVE, GREEN BAY, WI, 54304
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 172
- Total Assets: $20.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 172 | $20.2M | $0 | $0 |
| 2024 | 124 | $16.6M | $312,782 | $968,080 |
| 2023 | 102 | $14.7M | $303,315 | $829,429 |
| 2022 | 91 | $13.0M | $200,925 | $759,224 |
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 |
|---|---|---|---|---|
| HAWKINS ASH CPAS, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $961,619 | — | $3,350 | — | — |
| 2024 | $2,595 | — | — | — | — |
| 2023 | $1,457,741 | — | — | — | — |
| 2022 | $3,370,202 | — | — | — | — |