401k Plan data: OPTOMEC 401(K) PLAN plan

OPTOMEC 401(K) PLAN 401k Plan overview

Plan Name	OPTOMEC 401(K) PLAN
Plan identification number	001

OPTOMEC 401(K) PLAN Benefits

401k Plan Type

Defined 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

OPTOMEC, INC has sponsored the creation of one or more 401k plans.

Company Name: OPTOMEC, INC

Employer identification number (EIN): 850301120

NAIC Classification: 333510

Additional information about OPTOMEC, INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 5651270

More information about OPTOMEC, INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan OPTOMEC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2019-01-01
001 2018-01-01 JENNIFER HOGANS 2019-05-28
001 2017-01-01 JENNIFER HOGANS 2018-06-06
001 2016-01-01 JENNIFER HOGANS 2017-06-06
001 2015-01-01 JENNIFER HOGANS 2016-05-27
001 2014-01-01 JENNIFER HOGANS 2015-06-15
001 2013-01-01 JENNIFER HOGANS 2014-05-30
001 2012-01-01 JENNIFER HOGANS 2013-06-05
001 2011-01-01 JENNIFER HOGANS 2012-06-11
001 2010-01-01 JENNIFER HOGANS 2011-06-21
001 2009-01-01 JENNIFER M. HOGANS DAVID M. KEICHER 2010-07-14
001 2009-01-01
001 2009-01-01 JENNIFER M. HOGANS DAVID M. KEICHER 2010-07-14

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01
001	2021-01-01
001	2020-01-01
001	2019-01-01
001	2019-01-01
001	2018-01-01	JENNIFER HOGANS	2019-05-28
001	2017-01-01	JENNIFER HOGANS	2018-06-06
001	2016-01-01	JENNIFER HOGANS	2017-06-06
001	2015-01-01	JENNIFER HOGANS	2016-05-27
001	2014-01-01	JENNIFER HOGANS	2015-06-15
001	2013-01-01	JENNIFER HOGANS	2014-05-30
001	2012-01-01	JENNIFER HOGANS	2013-06-05
001	2011-01-01	JENNIFER HOGANS	2012-06-11
001	2010-01-01	JENNIFER HOGANS	2011-06-21
001	2009-01-01	JENNIFER M. HOGANS		DAVID M. KEICHER	2010-07-14
001	2009-01-01
001	2009-01-01	JENNIFER M. HOGANS		DAVID M. KEICHER	2010-07-14

Plan Statistics for OPTOMEC 401(K) PLAN

401k plan membership statisitcs for OPTOMEC 401(K) PLAN

Measure Date Value
2022: OPTOMEC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 117
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 89
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 27
Total of all active and inactive participants 2022-01-01 116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 116
Number of participants with account balances 2022-01-01 90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 3
2021: OPTOMEC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 117
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 95
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 24
Total of all active and inactive participants 2021-01-01 119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 119
Number of participants with account balances 2021-01-01 90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 6
2020: OPTOMEC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 122
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 95
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 22
Total of all active and inactive participants 2020-01-01 117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 117
Number of participants with account balances 2020-01-01 93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 3
2019: OPTOMEC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 123
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 109
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 13
Total of all active and inactive participants 2019-01-01 122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 122
Number of participants with account balances 2019-01-01 89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 5
2009: OPTOMEC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 46
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 40
Number of retired or separated participants receiving benefits 2009-01-01 0
Number of other retired or separated participants entitled to future benefits 2009-01-01 7
Total of all active and inactive participants 2009-01-01 47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 0
Total participants 2009-01-01 47
Number of participants with account balances 2009-01-01 27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 0

Measure	Date	Value
2022: OPTOMEC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	117
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	89
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	27
Total of all active and inactive participants	2022-01-01	116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	116
Number of participants with account balances	2022-01-01	90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	3
2021: OPTOMEC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	117
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	95
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	24
Total of all active and inactive participants	2021-01-01	119
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	119
Number of participants with account balances	2021-01-01	90
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	6
2020: OPTOMEC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	122
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	95
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	22
Total of all active and inactive participants	2020-01-01	117
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	117
Number of participants with account balances	2020-01-01	93
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	3
2019: OPTOMEC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	123
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	109
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	13
Total of all active and inactive participants	2019-01-01	122
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	122
Number of participants with account balances	2019-01-01	89
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	5
2009: OPTOMEC 401(K) PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	46
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	40
Number of retired or separated participants receiving benefits	2009-01-01	0
Number of other retired or separated participants entitled to future benefits	2009-01-01	7
Total of all active and inactive participants	2009-01-01	47
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	0
Total participants	2009-01-01	47
Number of participants with account balances	2009-01-01	27
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	0

Financial Data on OPTOMEC 401(K) PLAN

Measure	Date	Value
2022 : OPTOMEC 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-769,062
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$331,147
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$321,889
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$751,032
Value of total assets at end of year	2022-12-31	$7,273,365
Value of total assets at beginning of year	2022-12-31	$8,373,574
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$9,258
Total interest from all sources	2022-12-31	$1,042
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$630,448
Participant contributions at end of year	2022-12-31	$17,340
Participant contributions at beginning of year	2022-12-31	$23,253
Participant contributions at end of year	2022-12-31	$24,724
Participant contributions at beginning of year	2022-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-1,100,209
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$7,273,365
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$8,373,574
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$7,009,358
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$8,218,586
Interest on participant loans	2022-12-31	$1,042
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$217,721
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$131,735
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$131,735
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,521,136
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$120,584
Employer contributions (assets) at end of year	2022-12-31	$4,222
Employer contributions (assets) at beginning of year	2022-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$321,889
Contract administrator fees	2022-12-31	$9,258
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	AXIOM CERTIFIED PUBLIC ACCOUNTANT
Accountancy firm EIN	2022-12-31	454417799
2021 : OPTOMEC 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$1,907,049
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$142,510
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$133,281
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$850,611
Value of total assets at end of year	2021-12-31	$8,373,574
Value of total assets at beginning of year	2021-12-31	$6,609,035
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$9,229
Total interest from all sources	2021-12-31	$1,181
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$640,062
Participant contributions at end of year	2021-12-31	$23,253
Participant contributions at beginning of year	2021-12-31	$21,851
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$84,720
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,764,539
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$8,373,574
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$6,609,035
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$8,218,586
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$6,554,950
Interest on participant loans	2021-12-31	$1,181
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$131,735
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$32,234
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$32,234
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$1,055,257
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$125,829
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$133,281
Contract administrator fees	2021-12-31	$9,229
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	AXIOM CERTIFIED PUBLIC ACCOUNTANT
Accountancy firm EIN	2021-12-31	454417799
2020 : OPTOMEC 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$1,707,817
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$43,565
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$43,094
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$756,393
Value of total assets at end of year	2020-12-31	$6,609,035
Value of total assets at beginning of year	2020-12-31	$4,944,783
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$471
Total interest from all sources	2020-12-31	$792
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$102,667
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$102,667
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$635,572
Participant contributions at end of year	2020-12-31	$21,851
Participant contributions at beginning of year	2020-12-31	$5,554
Participant contributions at end of year	2020-12-31	$0
Participant contributions at beginning of year	2020-12-31	$15,228
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$1,664,252
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$6,609,035
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$4,944,783
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$6,554,950
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$3,127,647
Interest on participant loans	2020-12-31	$788
Value of interest in common/collective trusts at end of year	2020-12-31	$0
Value of interest in common/collective trusts at beginning of year	2020-12-31	$1,661,654
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$32,234
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2020-12-31	$131,065
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2020-12-31	$131,065
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$847,965
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$120,821
Employer contributions (assets) at end of year	2020-12-31	$0
Employer contributions (assets) at beginning of year	2020-12-31	$3,635
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$43,094
Contract administrator fees	2020-12-31	$471
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	Yes
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	AXIOM CERTIFIED PUBLIC ACCOUNTANT
Accountancy firm EIN	2020-12-31	454417799
2019 : OPTOMEC 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$1,691,967
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$244,972
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$235,534
Expenses. Certain deemed distributions of participant loans	2019-12-31	$475
Value of total corrective distributions	2019-12-31	$8,288
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$752,011
Value of total assets at end of year	2019-12-31	$4,944,782
Value of total assets at beginning of year	2019-12-31	$3,497,787
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$675
Total interest from all sources	2019-12-31	$2,199
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$238,315
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$238,315
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$350,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$601,617
Participant contributions at end of year	2019-12-31	$5,554
Participant contributions at beginning of year	2019-12-31	$6,485
Participant contributions at end of year	2019-12-31	$15,228
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$37,251
Administrative expenses (other) incurred	2019-12-31	$675
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,446,995
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$4,944,782
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$3,497,787
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$3,127,646
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$2,201,307
Interest on participant loans	2019-12-31	$912
Value of interest in common/collective trusts at end of year	2019-12-31	$1,661,654
Value of interest in common/collective trusts at beginning of year	2019-12-31	$1,254,374
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2019-12-31	$131,065
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2019-12-31	$35,621
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2019-12-31	$35,621
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2019-12-31	$1,287
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$341,515
Net investment gain or loss from common/collective trusts	2019-12-31	$357,927
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$113,143
Employer contributions (assets) at end of year	2019-12-31	$3,635
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$235,534
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	AXIOM CERTIFIED PUBLIC ACCOUNTAN
Accountancy firm EIN	2019-12-31	454417799
2009 : OPTOMEC 401(K) PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for OPTOMEC 401(K) PLAN

2022: OPTOMEC 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: OPTOMEC 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: OPTOMEC 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: OPTOMEC 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2009: OPTOMEC 401(K) PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	Yes
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	OPTOMEC, INC
Employer identification number (EIN):	850301120
NAIC Classification:	333510

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	5651270