Plan Ledger DOL Form 5500 · updated monthly

Optanix, Inc.401(k)

OPTANIX, INC. 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.63%

Optanix, Inc. reported $41,694 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (5,626th of 5,648), and 11,625th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$26,610
Participants with balances1
Active participants0
Employer contributions$0
Employee contributions$0
Employer contribution per active participant—
Average account balance$26,610
Benefits paid to participants$11,037,055
Plan auditUnmodified (clean) audit opinion
AuditorCARON & BELTZER, PLLC
Administrative expenses, itemized · 2022
Investment management$41,694
Total administrative$41,694
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$41,694 · 0.63%
Similar plansProfessional & Technical Services · New York
Soni Resources Group NY$174K · 1.83%
Overwatch Services LLC NY$7K · 49.39%
Feather Home Inc. NY$44 · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582574612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.