Plan Snapshot
- Plan Sponsor: Optimal Home Care, INC.
- Sponsor EIN: 201676501
- Sponsor Address: 4380 S. SYRACUSE ST., DENVER, CO, 80237
- Plan Type: 401(k)
- Total Participants: 228
- Total Assets: $4.3M
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. |
|---|---|---|---|---|
| 2024 | 228 | $4.3M | $119,855 | $701,455 |
| 2023 | 209 | $3.5M | $80,324 | $596,319 |
| 2022 | 194 | $2.9M | $64,921 | $577,732 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $15,819 | — | $15,819 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $11,830 | — | $11,830 |
| WATSON, COON, RYAN LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WATSON, COON, RYAN LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,649
- Estimated Expense Ratio: 0.636% 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 | $35,107 | $11,830 | — | — | — |
| 2023 | $16,915 | $16,915 | — | — | — |
| 2022 | $31,462 | — | — | — | — |