401(k)
2022 plan-year 401(k) DOL Form 5500

OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

OPTIMATION TECHNOLOGY, INC

This 401(k) plan holds N/A in total assets and serves 12 participants as of 2022. It is sponsored by OPTIMATION TECHNOLOGY, INC in New York. The plan reported a net loss of $37M for the year.

Total Assets (2023)
N/A
Participants
12
State
Industry
Professional & Technical Services

What the Filing Says About OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN

OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN is a 401(k) retirement plan sponsored by OPTIMATION TECHNOLOGY, INC, headquartered in New York. As of the 2022 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 12 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 161255440, and the plan has been effective since 1988-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $37M at the beginning of 2022 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-37,121,114 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$37M
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Net Income$-37,121,114
Plan Type401(k)
Employer EIN161255440
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN?
As of the 2022 Form 5500 filing, OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN holds N/A in total assets with 12 participants. It is sponsored by OPTIMATION TECHNOLOGY, INC.
What type of plan is OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN?
OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN is a 401(k) plan. It has been effective since 1988-01-01. The plan is filed with the U.S. Department of Labor under EIN 161255440.
Who sponsors the OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN?
OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN is sponsored by OPTIMATION TECHNOLOGY, INC, located in New York. The sponsor's EIN is 161255440 and the plan operates in the Professional & Technical Services industry.
How did OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN perform in 2022?
OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN held N/A in total assets at the end of 2022. Net income was $-37,121,114.
Where can I find official filings for OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN?
Official Form 5500 filings for OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 161255440 or plan name at efast.dol.gov.
How does OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN compare to other plans?
You can compare OPTIMATION TECHNOLOGY, INC. RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 161255440.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.