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OPTIMAL SYNTHESIS INC. 401(K) PLAN 401k Plan overview

Plan NameOPTIMAL SYNTHESIS INC. 401(K) PLAN
Plan identification number 001

OPTIMAL SYNTHESIS INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

OPTIMAL SYNTHESIS INC. has sponsored the creation of one or more 401k plans.

Company Name:OPTIMAL SYNTHESIS INC.
Employer identification number (EIN):770484755
NAIC Classification:541330
NAIC Description:Engineering Services

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OPTIMAL SYNTHESIS INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012017-01-01VICTOR CHENG
0012016-01-01VICTOR CHENG
0012015-01-01VICTOR CHENG
0012014-01-01VICTOR CHENG
0012013-01-01VICTOR CHENG
0012012-01-01VICTOR CHENG
0012011-01-01VICTOR CHENG
0012010-01-01VICTOR CHENG
0012009-01-01PADMANABHAN MENON

Plan Statistics for OPTIMAL SYNTHESIS INC. 401(K) PLAN

401k plan membership statisitcs for OPTIMAL SYNTHESIS INC. 401(K) PLAN

Measure Date Value
2017: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0116
Total number of active participants reported on line 7a of the Form 55002017-01-010
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-010
Total of all active and inactive participants2017-01-010
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-010
Number of participants with account balances2017-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010
2016: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0117
Total number of active participants reported on line 7a of the Form 55002016-01-0112
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0116
Number of participants with account balances2016-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0124
Total number of active participants reported on line 7a of the Form 55002015-01-0112
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-015
Total of all active and inactive participants2015-01-0117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0117
Number of participants with account balances2015-01-0117
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0120
Total number of active participants reported on line 7a of the Form 55002014-01-0114
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0110
Total of all active and inactive participants2014-01-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0124
Number of participants with account balances2014-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0121
Total number of active participants reported on line 7a of the Form 55002013-01-0115
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-015
Total of all active and inactive participants2013-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0120
Number of participants with account balances2013-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0114
Total number of active participants reported on line 7a of the Form 55002012-01-0117
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-014
Total of all active and inactive participants2012-01-0121
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0121
Number of participants with account balances2012-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0119
Total number of active participants reported on line 7a of the Form 55002011-01-0114
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-016
Total of all active and inactive participants2011-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0120
Number of participants with account balances2011-01-0120
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2010: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-0118
Total number of active participants reported on line 7a of the Form 55002010-01-0119
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-017
Total of all active and inactive participants2010-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0126
Number of participants with account balances2010-01-0125
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-010
2009: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0121
Total number of active participants reported on line 7a of the Form 55002009-01-0118
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-016
Total of all active and inactive participants2009-01-0124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0124
Number of participants with account balances2009-01-0124
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on OPTIMAL SYNTHESIS INC. 401(K) PLAN

Measure Date Value
2017 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2017 401k financial data
Transfers to/from the plan2017-10-06$-1,413,372
Total plan liabilities at end of year2017-10-06$0
Total plan liabilities at beginning of year2017-10-06$0
Total income from all sources2017-10-06$499,077
Expenses. Total of all expenses incurred2017-10-06$2,337,087
Benefits paid (including direct rollovers)2017-10-06$2,336,529
Total plan assets at end of year2017-10-06$0
Total plan assets at beginning of year2017-10-06$3,251,382
Value of fidelity bond covering the plan2017-10-06$348,000
Total contributions received or receivable from participants2017-10-06$69,796
Expenses. Other expenses not covered elsewhere2017-10-06$0
Contributions received from other sources (not participants or employers)2017-10-06$0
Other income received2017-10-06$401,300
Noncash contributions received2017-10-06$0
Net income (gross income less expenses)2017-10-06$-1,838,010
Net plan assets at end of year (total assets less liabilities)2017-10-06$0
Net plan assets at beginning of year (total assets less liabilities)2017-10-06$3,251,382
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022017-10-06$0
Total contributions received or receivable from employer(s)2017-10-06$27,981
Value of certain deemed distributions of participant loans2017-10-06$0
Value of corrective distributions2017-10-06$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-10-06$558
2016 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2016 401k financial data
Transfers to/from the plan2016-12-31$0
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$542,461
Expenses. Total of all expenses incurred2016-12-31$528,711
Benefits paid (including direct rollovers)2016-12-31$528,123
Total plan assets at end of year2016-12-31$3,251,382
Total plan assets at beginning of year2016-12-31$3,237,632
Value of fidelity bond covering the plan2016-12-31$326,000
Total contributions received or receivable from participants2016-12-31$162,722
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$313,840
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$13,750
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,251,382
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$3,237,632
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022016-12-31$0
Total contributions received or receivable from employer(s)2016-12-31$65,899
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$588
2015 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2015 401k financial data
Transfers to/from the plan2015-12-31$0
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$204,126
Expenses. Total of all expenses incurred2015-12-31$17,404
Benefits paid (including direct rollovers)2015-12-31$16,661
Total plan assets at end of year2015-12-31$3,237,632
Total plan assets at beginning of year2015-12-31$3,050,910
Value of fidelity bond covering the plan2015-12-31$325,000
Total contributions received or receivable from participants2015-12-31$187,384
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-65,545
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$186,722
Net plan assets at end of year (total assets less liabilities)2015-12-31$3,237,632
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$3,050,910
Total contributions received or receivable from employer(s)2015-12-31$82,287
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$743
2014 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$484,653
Expenses. Total of all expenses incurred2014-12-31$71,128
Benefits paid (including direct rollovers)2014-12-31$70,442
Total plan assets at end of year2014-12-31$3,050,910
Total plan assets at beginning of year2014-12-31$2,637,385
Value of fidelity bond covering the plan2014-12-31$310,000
Total contributions received or receivable from participants2014-12-31$176,112
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$205,030
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$413,525
Net plan assets at end of year (total assets less liabilities)2014-12-31$3,050,910
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$2,637,385
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022014-12-31$0
Total contributions received or receivable from employer(s)2014-12-31$103,511
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$686
2013 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total income from all sources2013-12-31$800,471
Expenses. Total of all expenses incurred2013-12-31$32,108
Benefits paid (including direct rollovers)2013-12-31$31,352
Total plan assets at end of year2013-12-31$2,637,385
Total plan assets at beginning of year2013-12-31$1,869,022
Value of fidelity bond covering the plan2013-12-31$265,000
Total contributions received or receivable from participants2013-12-31$185,781
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$497,229
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$768,363
Net plan assets at end of year (total assets less liabilities)2013-12-31$2,637,385
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$1,869,022
Assets. Value of participant loans2013-12-31$0
Value of participant contributions where there was a failure to transmit these to the plan within the time period described in 29 CFR 2510.3-1022013-12-31$0
Total contributions received or receivable from employer(s)2013-12-31$117,461
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$756
2012 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2012 401k financial data
Total income from all sources2012-12-31$485,967
Expenses. Total of all expenses incurred2012-12-31$91,351
Benefits paid (including direct rollovers)2012-12-31$90,681
Total plan assets at end of year2012-12-31$1,869,022
Total plan assets at beginning of year2012-12-31$1,474,406
Value of fidelity bond covering the plan2012-12-31$190,000
Total contributions received or receivable from participants2012-12-31$133,762
Other income received2012-12-31$275,081
Net income (gross income less expenses)2012-12-31$394,616
Net plan assets at end of year (total assets less liabilities)2012-12-31$1,869,022
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$1,474,406
Assets. Value of participant loans2012-12-31$28,000
Total contributions received or receivable from employer(s)2012-12-31$77,124
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$670
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-12-31$148,515
Expenses. Total of all expenses incurred2011-12-31$252,699
Benefits paid (including direct rollovers)2011-12-31$251,902
Total plan assets at end of year2011-12-31$1,474,406
Total plan assets at beginning of year2011-12-31$1,578,590
Value of fidelity bond covering the plan2011-12-31$170,000
Total contributions received or receivable from participants2011-12-31$132,618
Other income received2011-12-31$-67,973
Net income (gross income less expenses)2011-12-31$-104,184
Net plan assets at end of year (total assets less liabilities)2011-12-31$1,474,406
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$1,578,590
Total contributions received or receivable from employer(s)2011-12-31$83,870
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$797
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : OPTIMAL SYNTHESIS INC. 401(K) PLAN 2010 401k financial data
Total income from all sources2010-12-31$479,895
Expenses. Total of all expenses incurred2010-12-31$7,770
Benefits paid (including direct rollovers)2010-12-31$7,022
Total plan assets at end of year2010-12-31$1,578,590
Total plan assets at beginning of year2010-12-31$1,106,465
Value of fidelity bond covering the plan2010-12-31$170,000
Total contributions received or receivable from participants2010-12-31$143,515
Other income received2010-12-31$241,435
Net income (gross income less expenses)2010-12-31$472,125
Net plan assets at end of year (total assets less liabilities)2010-12-31$1,578,590
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$1,106,465
Total contributions received or receivable from employer(s)2010-12-31$94,945
Expenses. Administrative service providers (salaries,fees and commissions)2010-12-31$748
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for OPTIMAL SYNTHESIS INC. 401(K) PLAN

2017: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingYes
2017-01-01This return/report is a short plan year return/report (less than 12 months)Yes
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes
2009: OPTIMAL SYNTHESIS INC. 401(K) PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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