Plan Snapshot
- Plan Sponsor: Optoro, INC.
- Sponsor EIN: 273797660
- Sponsor Address: 1001 G STREET NW, WASHINGTON, DC, 20001
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $17.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 103 | $17.3M | $189,116 | $1.3M |
| 2023 | 124 | $15.5M | $184,316 | $1.5M |
| 2022 | 126 | $12.0M | $196,346 | $1.7M |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY, 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 |
|---|---|---|---|---|---|
| 2024 | $53,385 | $36,271 | — | — | — |
| 2023 | $43,096 | $21,827 | — | — | — |
| 2022 | $4,933 | $3,048 | — | — | — |