Money Purchase · DOL Form 5500 · 2024
Optimized Process Furnaces, Inc. Money Purchase Plan
Data updated 2026-08-11
- $4M
- Total assets
- 15
- Participants
- 37th
- Percentile by assets
- $245,798
- Avg per participant
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 2024 DOL Form 5500 filing, ranking in the 37th 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.
- 37th percentile by assets (of 123,622 plans)
- #6,845 in Professional & Technical Services (20,173 peers)
What the 2024 filing shows
Optimized Process Furnaces, Inc. - Profit Sharing Plan holds $4M for 15 participants - about $245,798 per participant, in the lower half of filed plans by assets.
- $4M
- total plan assets (2024 EOY)
- 15
- covered participants
- 37th
- percentile by assets (of 123,622 plans)
- $245,798
- avg assets per participant
The plan reported a net loss of $251K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Optimized Process Furnaces, Inc. - Profit Sharing Plan reported net income fell from $84K in the plan year 2023 filing to -$251K in the plan year 2024 filing.
- Optimized Process Furnaces, Inc. - Profit Sharing Plan end-of-year assets fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Money Purchase filing for Optimized Process Furnaces, Inc. - Profit Sharing Plan
Money Purchase filing for plan year 2024: EIN 480784964 ; effective since 1974-01-01 ; filing status FILING RECEIVED. Verify the certified figures on DOL EFAST2.
Filing particulars (2024)
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | -$251K |
| Employer EIN | 480784964 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Optimized Process Furnaces, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 15 | $4M |
| 2023 | 1 | 15 | $4M |
| 2024 | 1 | 15 | $4M |
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
- Hays Medical Center Employee's Pension Plan $97M · 1,286
- Great Plains Health Alliance Employees Pension Plan $66M · 812
- Local No. 661 Retirement Plan $30M · 206
- Knea Employees' Contributory Pension Plan & Trust $29M · 45
- Earp Meat Company, Inc. Money Purchase Pension Plan $13M · 220
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 2024? ▼
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Filing takeaways
Ways to act on Optimized Process Furnaces, Inc. - Profit Sharing Plan's numbers.
- By total assets, Optimized Process Furnaces, Inc. - Profit Sharing Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Kansas. Compare plans
- Optimized Process Furnaces, Inc.'s sponsor-wide assets have declined 0.7% since 2022 across 3 plan years on file. More Professional & Technical Services plans