401(k) · DOL Form 5500 · 2023

Optalis Professional Services, LLC 401(k) Plan

Data updated 2026-08-11

$26M
Total assets
2,759
Participants
77th
Percentile by assets
$9,259
Avg per participant
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Official DOL plan name: Optalis Professional Services, LLC 401(k) Plan · Sponsored by Optalis Professional Services, LLC · Michigan · Healthcare & Social Assistance

$26M in assets, 2,759 participants

Optalis Professional Services, LLC's Optalis Professional Services, LLC 401(k) Plan reported $26M in total assets and 2,759 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • 77th percentile by assets (of 127,072 plans)
  • #14,222 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

Optalis Professional Services, LLC 401(k) Plan covers 2,759 participants in Michigan, 4.3x the typical Michigan plan (state average ~638 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY)
2,759
covered participants
77th
percentile by assets (of 127,072 plans)
$9,259
avg assets per participant

Where Optalis Professional Services, LLC 401(k) Plan sits by total assets

Optalis Professional Services, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$25,546,739 Top 23% higher than 77% of 127,068 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Optalis Professional Services, LLC 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Optalis Professional Services, LLC 401(k) Plan reported participants rose from 876 in the plan year 2022 filing to 2,759 in the plan year 2023 filing.
  • Optalis Professional Services, LLC 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $26M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Michigan
Industry
Healthcare & Social Assistance

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Optalis Professional Services, LLC 401(k) Plan reports 2,759 participants - 4.3x that state average ($26M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$26M
Net Income$5M
Employer EIN842318500
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Optalis Professional Services, LLC)

$15M$20M$25M$30M$35M 202220232024 $19.6M $32.1M ▲ +63.8%
Total plan assets by year, all Optalis Professional Services, LLC plans on file
Year Plans Participants Total Assets
2022 1 876 $20M
2023 1 2,759 $26M
2024 1 3,351 $32M

Nearby 401(k) Plans in Michigan

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

Optalis Professional Services, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Optalis Professional…, Total assets ($B): 0.025546739 · Participants: 2759Optalis Professional…General Motors Retir…, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Com…The General Motors P…, Total assets ($B): 8.580684909 · Participants: 40393The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-E…
Optalis Professional Services, LLC 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Optalis Professional Services, LLC 401(k… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Optalis Professional Services, LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Optalis Professional Services, LLC 401(k) Plan assets move in 2023? ▼
Optalis Professional Services, LLC 401(k) Plan surged - up 30.5% during 2023, from $20M to $26M. Reported net income was $5M.
How have Optalis Professional Services, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Optalis Professional Services, LLC's sponsor-wide assets grew 63.8%, from $20M to $32M.
Where does Optalis Professional Services, LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Optalis Professional Services, LLC 401(k) Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Optalis Professional Services, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Noarus Auto Group 401(k) Plan in CA ($26M, 386 participants).

Next read for Optalis Professional Services, LLC 401(k…

Filing takeaways

Ways to act on Optalis Professional Services, LLC 401(k) Plan's numbers.

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 842318500.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.