Plan Snapshot
- Plan Sponsor: Opto 22
- Sponsor EIN: 952896389
- Sponsor Address: 43044 BUSINESS PARK DRIVE, TEMECULA, CA, 925903614
- Plan Type: DC
- Plan Number: 001
- Total Participants: 117
- Total Assets: $22.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 117 | $22.4M | $730,509 | $0 |
| 2023 | 114 | $21.7M | $691,418 | $0 |
| 2022 | 113 | $20.5M | $662,673 | $0 |
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 |
|---|---|---|---|---|
| PRINCIPAL FINANCIAL GROUP | Custodian / Trustee | $42,440 | — | $42,440 |
| WELLS FARGO ADVISORS | Other Service Provider | $28,872 | — | $28,872 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,312
- Estimated Expense Ratio: 0.318% 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 | $71,516 | — | $204 | — | — |
| 2023 | $67,731 | — | $245 | — | — |
| 2022 | $65,114 | — | $123 | — | $64,991 |