401(k)
2023 plan-year 401(k) DOL Form 5500

OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN

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

OPEN LOOP ENERGY, INC.

This 401(k) plan holds $7M in total assets and serves 187 participants as of 2023. It is sponsored by OPEN LOOP ENERGY, INC. in Arizona. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$7M
Participants
187
State
Industry
Other Services

What the Filing Says About OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN

OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by OPEN LOOP ENERGY, INC., headquartered in Arizona. As of the 2023 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 187 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 860701324, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2023 to $7M at year-end — a gain of 18.7%. Net assets (after liabilities) closed the year at $7M, with reported net income of $1M 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 and can be compared against 2 prior plan-year filings from the same sponsor shown below.

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)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$1M
Plan Type401(k)
Employer EIN860701324
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (OPEN LOOP ENERGY, INC.)

Year Plans Participants Total Assets
2022 1 168 $6M
2023 1 187 $7M
2024 1 204 $9M

Nearby 401(k) Plans in Arizona

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN?
As of the 2023 Form 5500 filing, OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN holds $7M in total assets with 187 participants. It is sponsored by OPEN LOOP ENERGY, INC..
What type of plan is OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN?
OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN is a 401(k) plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 860701324.
Who sponsors the OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN?
OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN is sponsored by OPEN LOOP ENERGY, INC., located in Arizona. The sponsor's EIN is 860701324 and the plan operates in the Other Services industry.
How did OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN perform in 2023?
OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN grew by 18.7% during 2023, moving from $6M to $7M in total assets. Net income was $1M.
Where can I find official filings for OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 860701324 or plan name at efast.dol.gov.
How does OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN compare to other plans?
You can compare OPEN LOOP ENERGY, INC. RETIREMENT SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Arizona on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 860701324.

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.