Retirement plan

OPTIMIZELY 401(K) PROFIT SHARING PLAN & TRUST

Name: OPTIMIZELY NORTH AMERICA INC. - OPTIMIZELY 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: OPTIMIZELY NORTH AMERICA INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OPTIMIZELY 401(K) PROFIT SHARING PLAN & TRUST, OPTIMIZELY NORTH AMERICA INC.

OPTIMIZELY NORTH AMERICA INC.EIN 02-0497493Plan #001PY 2024

200 TRAFALGAR SQ UNIT 200 - NASHUA, NH 03063603-594-0249

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$74.6M

+19.2% from 2023

Total participants

959

-4.8% from 2023

Average account balance

$80,508

+26.8% from 2023

Annual return

18.60%

-3.34 pp from 2023

Benchmarks

See 3,298 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,298 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$74.63M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$81K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

927

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

93.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.54M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.60%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$240

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786	Loan Processing	$61,807
FIDUCIENT ADVISORS LLC3 years Service code 27 · EIN 36-4001764	Advisory (Plan)	$40,919
CARON & BLETZER, PLLC3 years Service code 10 · EIN 04-3499945	Accounting	$12,500

Plan features & details

Pension benefit codes2E2F2G2J3H3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$223K

$441 / participant

Recordkeeping$62K27.6%
Contract admin$3000.1%
Other / not subdivided$161K72.3%

% of EOY assets

0.299%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: $12,500
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$80,508

$106,230-24.2%

$147,080-45.3%

$77,736+3.6%

Participation rate

93.7%

78.4%+15.3pp

82.2%+11.5pp

70.6%+23.1pp

Annual return

18.60%

56.91%-38.3pp

420.17%-401.6pp

31.26%-12.7pp

Employer contribution / active EE

$5,216

$4,072+28.1%

$4,933+5.7%

$2,728+91.2%

Participant deferral / active EE

$13,682

$8,001+71.0%

$8,066+69.6%

$4,651+194.2%

Admin fee / account holder

$240

$338-28.9%

$12,989-98.1%

$433-44.5%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 37 · EIN 04-2647786

Loan Processing

$61,807

FIDUCIENT ADVISORS LLC3 years

Service code 27 · EIN 36-4001764

Advisory (Plan)

$40,919

CARON & BLETZER, PLLC3 years

Service code 10 · EIN 04-3499945

Accounting

$12,500

OPTIMIZELY 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OPTIMIZELY 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion