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OPI 401(K) PLAN 401k Plan overview

Plan NameOPI 401(K) PLAN
Plan identification number 001

OPI 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

OPTICAL PHUSION INC. has sponsored the creation of one or more 401k plans.

Company Name:OPTICAL PHUSION INC.
Employer identification number (EIN):208588684
NAIC Classification:423400

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OPI 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01SHEILA LOKKEN
0012016-01-01SHEILA LOKKEN
0012015-01-01NANCY TRAINOR2016-04-28
0012014-01-01NANCY TRAINOR2015-05-05
0012013-01-01NANCY TRAINOR2014-05-27
0012012-01-01NANCY TRAINOR2013-06-13
0012011-01-01NANCY TRAINOR2012-07-17
0012010-01-01NANCY TRAINOR2011-06-30

Plan Statistics for OPI 401(K) PLAN

401k plan membership statisitcs for OPI 401(K) PLAN

Measure Date Value
2022: OPI 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0133
Total number of active participants reported on line 7a of the Form 55002022-01-0130
Number of other retired or separated participants entitled to future benefits2022-01-015
Total of all active and inactive participants2022-01-0135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-011
Total participants2022-01-0136
Number of participants with account balances2022-01-0136
2021: OPI 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0134
Total number of active participants reported on line 7a of the Form 55002021-01-0128
Number of other retired or separated participants entitled to future benefits2021-01-014
Total of all active and inactive participants2021-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-011
Total participants2021-01-0133
Number of participants with account balances2021-01-0133
2020: OPI 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0128
Total number of active participants reported on line 7a of the Form 55002020-01-0130
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-013
Total of all active and inactive participants2020-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-011
Total participants2020-01-0134
Number of participants with account balances2020-01-0134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: OPI 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0128
Total number of active participants reported on line 7a of the Form 55002019-01-0124
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-013
Total of all active and inactive participants2019-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-011
Total participants2019-01-0128
Number of participants with account balances2019-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: OPI 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0126
Total number of active participants reported on line 7a of the Form 55002018-01-0124
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-013
Total of all active and inactive participants2018-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-011
Total participants2018-01-0128
Number of participants with account balances2018-01-0128
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: OPI 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0127
Total number of active participants reported on line 7a of the Form 55002017-01-0124
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-011
Total of all active and inactive participants2017-01-0125
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-0126
Number of participants with account balances2017-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: OPI 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0128
Total number of active participants reported on line 7a of the Form 55002016-01-0122
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-015
Total of all active and inactive participants2016-01-0127
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0127
Number of participants with account balances2016-01-0127
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-011

Financial Data on OPI 401(K) PLAN

Measure Date Value
2022 : OPI 401(K) PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$839,726
Expenses. Total of all expenses incurred2022-12-31$30,666
Benefits paid (including direct rollovers)2022-12-31$29,813
Total plan assets at end of year2022-12-31$5,308,290
Total plan assets at beginning of year2022-12-31$4,499,230
Value of fidelity bond covering the plan2022-12-31$3,000,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$299,778
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$1,307,629
Other income received2022-12-31$-877,602
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$809,060
Net plan assets at end of year (total assets less liabilities)2022-12-31$5,308,290
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$4,499,230
Assets. Value of participant loans2022-12-31$25,157
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$109,921
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$853
2021 : OPI 401(K) PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,532,765
Expenses. Total of all expenses incurred2021-12-31$1,075,072
Benefits paid (including direct rollovers)2021-12-31$1,070,529
Total plan assets at end of year2021-12-31$4,499,230
Total plan assets at beginning of year2021-12-31$4,041,537
Value of fidelity bond covering the plan2021-12-31$400,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$362,245
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$292,522
Other income received2021-12-31$571,906
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$457,693
Net plan assets at end of year (total assets less liabilities)2021-12-31$4,499,230
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$4,041,537
Assets. Value of participant loans2021-12-31$34,413
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$306,092
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$3,538
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$1,005
2020 : OPI 401(K) PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$1,239,579
Expenses. Total of all expenses incurred2020-12-31$537,959
Benefits paid (including direct rollovers)2020-12-31$533,067
Total plan assets at end of year2020-12-31$4,041,537
Total plan assets at beginning of year2020-12-31$3,339,917
Value of fidelity bond covering the plan2020-12-31$400,000
Total contributions received or receivable from participants2020-12-31$378,676
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$603,845
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$701,620
Net plan assets at end of year (total assets less liabilities)2020-12-31$4,041,537
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$3,339,917
Assets. Value of participant loans2020-12-31$62,761
Total contributions received or receivable from employer(s)2020-12-31$257,058
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$854
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$4,038
2019 : OPI 401(K) PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$1,196,659
Expenses. Total of all expenses incurred2019-12-31$205,419
Benefits paid (including direct rollovers)2019-12-31$205,188
Total plan assets at end of year2019-12-31$3,339,917
Total plan assets at beginning of year2019-12-31$2,348,677
Value of fidelity bond covering the plan2019-12-31$400,000
Total contributions received or receivable from participants2019-12-31$362,432
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$570,775
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$991,240
Net plan assets at end of year (total assets less liabilities)2019-12-31$3,339,917
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$2,348,677
Assets. Value of participant loans2019-12-31$50,069
Total contributions received or receivable from employer(s)2019-12-31$263,452
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$231
2018 : OPI 401(K) PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$0
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$309,057
Expenses. Total of all expenses incurred2018-12-31$342,608
Benefits paid (including direct rollovers)2018-12-31$337,944
Total plan assets at end of year2018-12-31$2,348,677
Total plan assets at beginning of year2018-12-31$2,382,228
Value of fidelity bond covering the plan2018-12-31$210,000
Total contributions received or receivable from participants2018-12-31$339,160
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$0
Other income received2018-12-31$-185,526
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$-33,551
Net plan assets at end of year (total assets less liabilities)2018-12-31$2,348,677
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$2,382,228
Assets. Value of participant loans2018-12-31$1,585
Total contributions received or receivable from employer(s)2018-12-31$155,423
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$4,664
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$0
2017 : OPI 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$759,894
Expenses. Total of all expenses incurred2017-12-31$36,115
Benefits paid (including direct rollovers)2017-12-31$36,090
Total plan assets at end of year2017-12-31$2,382,228
Total plan assets at beginning of year2017-12-31$1,658,449
Value of fidelity bond covering the plan2017-12-31$210,000
Total contributions received or receivable from participants2017-12-31$313,085
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$27,697
Other income received2017-12-31$264,476
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$723,779
Net plan assets at end of year (total assets less liabilities)2017-12-31$2,382,228
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$1,658,449
Assets. Value of participant loans2017-12-31$4,936
Total contributions received or receivable from employer(s)2017-12-31$154,636
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$25
2016 : OPI 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$496,956
Expenses. Total of all expenses incurred2016-12-31$134,982
Benefits paid (including direct rollovers)2016-12-31$134,361
Total plan assets at end of year2016-12-31$1,658,449
Total plan assets at beginning of year2016-12-31$1,296,475
Value of fidelity bond covering the plan2016-12-31$210,000
Total contributions received or receivable from participants2016-12-31$294,817
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$1,453
Other income received2016-12-31$55,102
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$361,974
Net plan assets at end of year (total assets less liabilities)2016-12-31$1,658,449
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$1,296,475
Assets. Value of participant loans2016-12-31$8,235
Total contributions received or receivable from employer(s)2016-12-31$145,584
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$521
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$100

Form 5500 Responses for OPI 401(K) PLAN

2022: OPI 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: OPI 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: OPI 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: OPI 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: OPI 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: OPI 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: OPI 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes

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