Plan Snapshot
- Plan Sponsor: Optimus Steel LLC Beaumont, Texas Retiree Health Benefit Plan
- Sponsor EIN: 827024084
- Sponsor Address: 60 BLVD. OF THE ALLIES, 5TH FL, PITTSBURGH, PA, 15222
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 16
- Total Assets: $19.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 16 | $19.3M | $100,922 | $232,843 |
| 2023 | 19 | $18.1M | $97,573 | $274,558 |
| 2022 | 34 | $16.5M | $97,077 | $294,924 |
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 |
|---|---|---|---|---|
| T. ROWE PRICE ASSOCIATES, INC. | Investment Advisor | $59,775 | — | $59,775 |
| CALIBRE CPA GROUP PLLC | Auditor | $26,245 | — | $26,245 |
| CENTRAL DATA SERVICES, INC. | Recordkeeper | $18,681 | — | $18,681 |
| MILLIMAN, INC. | Actuary | $16,800 | — | $16,800 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CALIBRE CPA GROUP PLLC — Auditor
- MILLIMAN, INC. — Actuary
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,501
- Estimated Expense Ratio: 0.629% 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 | $136,007 | $59,775 | $18,681 | $26,245 | — |
| 2023 | $135,439 | $55,571 | $18,474 | $26,226 | — |
| 2022 | $136,992 | $54,335 | $21,225 | — | $61,432 |