Plan Snapshot
- Plan Sponsor: Optimae Liefservices INC
- Sponsor EIN: 421287333
- Sponsor Address: 2201 WEST JEFFERSON AVE, FAIRFIELD, IA, 525564232
- Plan Type: 401(k)
- Total Participants: 1,181
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,181 | $5.3M | $0 | $373,891 |
| 2023 | 699 | $4.9M | $0 | $355,343 |
| 2022 | 691 | $4.3M | $0 | $328,096 |
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 |
|---|---|---|---|---|
| FORGE FINANCIAL & MANAGEMENT CONSUL | 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 |
|---|---|---|---|---|---|
| 2024 | $33,114 | — | $33,114 | — | — |
| 2023 | $30,038 | — | $30,038 | — | — |
| 2022 | $29,380 | — | $29,380 | — | — |