Money Purchase · DOL Form 5500 · 2022

Optimized Process Furnaces, Inc. Money Purchase Plan

Data updated 2026-08-11

$4M
Total assets
15
Participants
44th
Percentile by assets
$247,511
Avg per participant
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Official DOL plan name: Optimized Process Furnaces, Inc. - Profit Sharing Plan · Sponsored by Optimized Process Furnaces, Inc. · Kansas · Professional & Technical Services

$4M in assets, 15 participants

Optimized Process Furnaces, Inc.'s Optimized Process Furnaces, Inc. - Profit Sharing Plan reported $4M in total assets and 15 participants in its 2022 DOL Form 5500 filing, ranking in the 44th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 44th percentile by assets (of 139,126 plans)
  • #9,062 in Professional & Technical Services (21,562 peers)

2022 asset change

Optimized Process Furnaces, Inc. - Profit Sharing Plan pulled back noticeably 8.1% in 2022 ($4M → $4M) for 15 participants.

$4M
total plan assets (2022 EOY)
15
covered participants
44th
percentile by assets (of 139,126 plans)
$247,511
avg assets per participant

The plan reported a net loss of $328K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

2022 asset move for Optimized Process Furnaces, Inc. - Profit Sharing Plan

Year over year, total assets pulled back noticeably from $4M at the start of 2022 to $4M at year-end (down 8.1%). Net assets closed at $4M; reported net income -$328K.

Optimized Process Furnaces, Inc. years around the 2022 move

$3.65M$3.7M$3.75M$3.8M$3.85M 202220232024 $3.71M $3.69M ▼ -0.5%
Total plan assets by year, all Optimized Process Furnaces, Inc. plans on file
Year Plans Participants Total Assets
2022 1 15 $4M
2023 1 15 $4M
2024 1 15 $4M

2022 asset-move particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$328K
Employer EIN480784964
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in Kansas

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Optimized Process Furnaces, Inc. - Profit Sharing Plan vs. nearby Money Purchase plans in Kansas, assets vs. participants

Optimized Process Furnaces, Inc. - Profit Sharing Plan vs. nearby Money Purchase plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 020406080100 Total assets ($M) Participants Optimized Process Fu…Hays Medical Center …Great Plains Health …Knea Employees' Cont…Local No. 661 Retire…United Union of Roof…
Optimized Process Furnaces, Inc. - Profit Sharing Plan vs. nearby Money Purchase plans in Kansas, assets vs. participants

Similar-Sized Money Purchase Plans Nationally

Money Purchase plans in other states closest to Optimized Process Furnaces, Inc. - Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Optimized Process Furnaces, Inc. - Profit Sharing Plan assets move in 2022?
Optimized Process Furnaces, Inc. - Profit Sharing Plan pulled back noticeably - down 8.1% during 2022, from $4M to $4M. Reported net income was -$328K.
How have Optimized Process Furnaces, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Optimized Process Furnaces, Inc.'s sponsor-wide assets declined 0.7%, from $4M to $4M.
Which Money Purchase plans are similar in size to Optimized Process Furnaces, Inc. - Profit Sharing Plan?
Among Money Purchase plans in other states, the closest by assets is Community Action Committee of Pike County Retirement Plan in OH ($4M, 237 participants).

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2022 change

Ways to act on Optimized Process Furnaces, Inc. - Profit Sharing Plan's numbers.