Civic Intelligence

Optimum Benefits Inc.

Plan context: Optimum Benefits Inc. 401(K) Plan

EIN 34-1847231 • Twinsburg, OH • 25 filings • 4 plans

9263 Ravenna Road Suite A12Twinsburg, OH 44087
Current Snapshot

Latest Year

2024

2024 Participants

6

2024 Assets

$1,522,784

2024 Contributions

$64,483

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,522,784$761,392$0200220132024YearValue
$1,522,784Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

950200220132024YearValue
6Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202416$1,522,784$64,483$10,747iApproximate average salary by contribution assumption: employee only about $268,679 at 4% or $179,119 at 6%; with 50% employer match about $179,119 at 4% or $119,413 at 6%; with 100% employer match about $134,340 at 4% or $89,560 at 6%.
Optimum Benefits Inc. 401(K) Plan-6$1,522,784$64,483$10,747iApproximate average salary by contribution assumption: employee only about $268,679 at 4% or $179,119 at 6%; with 50% employer match about $179,119 at 4% or $119,413 at 6%; with 100% employer match about $134,340 at 4% or $89,560 at 6%.
202329$1,371,394$61,203$6,800iApproximate average salary by contribution assumption: employee only about $170,008 at 4% or $113,339 at 6%; with 50% employer match about $113,339 at 4% or $75,559 at 6%; with 100% employer match about $85,004 at 4% or $56,669 at 6%.
Optimum Benefits Inc. 401(K) Plan-9$1,371,394$61,203$6,800iApproximate average salary by contribution assumption: employee only about $170,008 at 4% or $113,339 at 6%; with 50% employer match about $113,339 at 4% or $75,559 at 6%; with 100% employer match about $85,004 at 4% or $56,669 at 6%.
OPTIMUM BENEFITS INC CHAMBER BENEFIT ARRANGEMENT PLAN-0$0$0-
202229$1,169,557$103,243$11,471iApproximate average salary by contribution assumption: employee only about $286,786 at 4% or $191,191 at 6%; with 50% employer match about $191,191 at 4% or $127,460 at 6%; with 100% employer match about $143,393 at 4% or $95,595 at 6%.
Optimum Benefits Inc. 401(K) Plan-9$1,166,143$54,337$6,037iApproximate average salary by contribution assumption: employee only about $150,936 at 4% or $100,624 at 6%; with 50% employer match about $100,624 at 4% or $67,083 at 6%; with 100% employer match about $75,468 at 4% or $50,312 at 6%.
OPTIMUM BENEFITS INC CHAMBER BENEFIT ARRANGEMENT PLAN-4$3,414$48,906$12,227iApproximate average salary by contribution assumption: employee only about $305,663 at 4% or $203,775 at 6%; with 50% employer match about $203,775 at 4% or $135,850 at 6%; with 100% employer match about $152,831 at 4% or $101,888 at 6%.
202118$1,287,850$50,453$6,307iApproximate average salary by contribution assumption: employee only about $157,666 at 4% or $105,110 at 6%; with 50% employer match about $105,110 at 4% or $70,074 at 6%; with 100% employer match about $78,833 at 4% or $52,555 at 6%.
Optimum Benefits Inc. 401(K) Plan-8$1,287,850$50,453$6,307iApproximate average salary by contribution assumption: employee only about $157,666 at 4% or $105,110 at 6%; with 50% employer match about $105,110 at 4% or $70,074 at 6%; with 100% employer match about $78,833 at 4% or $52,555 at 6%.
202017$1,129,289$39,694$5,671iApproximate average salary by contribution assumption: employee only about $141,764 at 4% or $94,510 at 6%; with 50% employer match about $94,510 at 4% or $63,006 at 6%; with 100% employer match about $70,882 at 4% or $47,255 at 6%.
Optimum Benefits Inc. 401(K) Plan-7$1,129,289$39,694$5,671iApproximate average salary by contribution assumption: employee only about $141,764 at 4% or $94,510 at 6%; with 50% employer match about $94,510 at 4% or $63,006 at 6%; with 100% employer match about $70,882 at 4% or $47,255 at 6%.
201916$1,008,204$39,100$6,517iApproximate average salary by contribution assumption: employee only about $162,917 at 4% or $108,611 at 6%; with 50% employer match about $108,611 at 4% or $72,407 at 6%; with 100% employer match about $81,458 at 4% or $54,306 at 6%.
Optimum Benefits Inc. 401(K) Plan-6$1,008,204$39,100$6,517iApproximate average salary by contribution assumption: employee only about $162,917 at 4% or $108,611 at 6%; with 50% employer match about $108,611 at 4% or $72,407 at 6%; with 100% employer match about $81,458 at 4% or $54,306 at 6%.
201816$829,837$38,642$6,440iApproximate average salary by contribution assumption: employee only about $161,008 at 4% or $107,339 at 6%; with 50% employer match about $107,339 at 4% or $71,559 at 6%; with 100% employer match about $80,504 at 4% or $53,669 at 6%.
Optimum Benefits Inc. 401(K) Plan-6$829,837$38,642$6,440iApproximate average salary by contribution assumption: employee only about $161,008 at 4% or $107,339 at 6%; with 50% employer match about $107,339 at 4% or $71,559 at 6%; with 100% employer match about $80,504 at 4% or $53,669 at 6%.
201717$904,425$37,007$5,287iApproximate average salary by contribution assumption: employee only about $132,168 at 4% or $88,112 at 6%; with 50% employer match about $88,112 at 4% or $58,741 at 6%; with 100% employer match about $66,084 at 4% or $44,056 at 6%.
Optimum Benefits Inc. 401(K) Plan-7$904,425$37,007$5,287iApproximate average salary by contribution assumption: employee only about $132,168 at 4% or $88,112 at 6%; with 50% employer match about $88,112 at 4% or $58,741 at 6%; with 100% employer match about $66,084 at 4% or $44,056 at 6%.
201616$776,234$31,998$5,333iApproximate average salary by contribution assumption: employee only about $133,325 at 4% or $88,883 at 6%; with 50% employer match about $88,883 at 4% or $59,256 at 6%; with 100% employer match about $66,663 at 4% or $44,442 at 6%.
Optimum Benefits Inc. 401(K) Plan-6$776,234$31,998$5,333iApproximate average salary by contribution assumption: employee only about $133,325 at 4% or $88,883 at 6%; with 50% employer match about $88,883 at 4% or $59,256 at 6%; with 100% employer match about $66,663 at 4% or $44,442 at 6%.
201516$700,495$36,354$6,059iApproximate average salary by contribution assumption: employee only about $151,475 at 4% or $100,983 at 6%; with 50% employer match about $100,983 at 4% or $67,322 at 6%; with 100% employer match about $75,738 at 4% or $50,492 at 6%.
Optimum Benefits Inc. 401(K) Plan-6$700,495$36,354$6,059iApproximate average salary by contribution assumption: employee only about $151,475 at 4% or $100,983 at 6%; with 50% employer match about $100,983 at 4% or $67,322 at 6%; with 100% employer match about $75,738 at 4% or $50,492 at 6%.
201416$668,429$68,348$11,391iApproximate average salary by contribution assumption: employee only about $284,783 at 4% or $189,856 at 6%; with 50% employer match about $189,856 at 4% or $126,570 at 6%; with 100% employer match about $142,392 at 4% or $94,928 at 6%.
Optimum Benefits Inc. 401(K) Plan-6$668,429$68,348$11,391iApproximate average salary by contribution assumption: employee only about $284,783 at 4% or $189,856 at 6%; with 50% employer match about $189,856 at 4% or $126,570 at 6%; with 100% employer match about $142,392 at 4% or $94,928 at 6%.
201317$642,652$31,333$4,476iApproximate average salary by contribution assumption: employee only about $111,904 at 4% or $74,602 at 6%; with 50% employer match about $74,602 at 4% or $49,735 at 6%; with 100% employer match about $55,952 at 4% or $37,301 at 6%.
Optimum Benefits Inc. 401(K) Plan-7$642,652$31,333$4,476iApproximate average salary by contribution assumption: employee only about $111,904 at 4% or $74,602 at 6%; with 50% employer match about $74,602 at 4% or $49,735 at 6%; with 100% employer match about $55,952 at 4% or $37,301 at 6%.
201217$525,026$31,383$4,483iApproximate average salary by contribution assumption: employee only about $112,082 at 4% or $74,721 at 6%; with 50% employer match about $74,721 at 4% or $49,814 at 6%; with 100% employer match about $56,041 at 4% or $37,361 at 6%.
Optimum Benefits Inc. 401(K) Plan-7$525,026$31,383$4,483iApproximate average salary by contribution assumption: employee only about $112,082 at 4% or $74,721 at 6%; with 50% employer match about $74,721 at 4% or $49,814 at 6%; with 100% employer match about $56,041 at 4% or $37,361 at 6%.
201117$445,734$30,108$4,301iApproximate average salary by contribution assumption: employee only about $107,529 at 4% or $71,686 at 6%; with 50% employer match about $71,686 at 4% or $47,790 at 6%; with 100% employer match about $53,764 at 4% or $35,843 at 6%.
Optimum Benefits Inc. 401(K) Plan-7$445,734$30,108$4,301iApproximate average salary by contribution assumption: employee only about $107,529 at 4% or $71,686 at 6%; with 50% employer match about $71,686 at 4% or $47,790 at 6%; with 100% employer match about $53,764 at 4% or $35,843 at 6%.
201017$420,121$32,654$4,665iApproximate average salary by contribution assumption: employee only about $116,621 at 4% or $77,748 at 6%; with 50% employer match about $77,748 at 4% or $51,832 at 6%; with 100% employer match about $58,311 at 4% or $38,874 at 6%.
Optimum Benefits Inc. 401(K) Plan-7$420,121$32,654$4,665iApproximate average salary by contribution assumption: employee only about $116,621 at 4% or $77,748 at 6%; with 50% employer match about $77,748 at 4% or $51,832 at 6%; with 100% employer match about $58,311 at 4% or $38,874 at 6%.
200916$347,972$29,028$4,838iApproximate average salary by contribution assumption: employee only about $120,950 at 4% or $80,633 at 6%; with 50% employer match about $80,633 at 4% or $53,756 at 6%; with 100% employer match about $60,475 at 4% or $40,317 at 6%.
Optimum Benefits Inc. 401(K) Plan-6$347,972$29,028$4,838iApproximate average salary by contribution assumption: employee only about $120,950 at 4% or $80,633 at 6%; with 50% employer match about $80,633 at 4% or $53,756 at 6%; with 100% employer match about $60,475 at 4% or $40,317 at 6%.
200813$269,197$25,565$8,522iApproximate average salary by contribution assumption: employee only about $213,042 at 4% or $142,028 at 6%; with 50% employer match about $142,028 at 4% or $94,685 at 6%; with 100% employer match about $106,521 at 4% or $71,014 at 6%.
Optimum Benefits Inc. 401(K) Plan-3$269,197$25,565$8,522iApproximate average salary by contribution assumption: employee only about $213,042 at 4% or $142,028 at 6%; with 50% employer match about $142,028 at 4% or $94,685 at 6%; with 100% employer match about $106,521 at 4% or $71,014 at 6%.
200715$297,151$34,820$6,964iApproximate average salary by contribution assumption: employee only about $174,100 at 4% or $116,067 at 6%; with 50% employer match about $116,067 at 4% or $77,378 at 6%; with 100% employer match about $87,050 at 4% or $58,033 at 6%.
Optimum Benefits Inc. 401(K) Plan-5$297,151$34,820$6,964iApproximate average salary by contribution assumption: employee only about $174,100 at 4% or $116,067 at 6%; with 50% employer match about $116,067 at 4% or $77,378 at 6%; with 100% employer match about $87,050 at 4% or $58,033 at 6%.
200613$258,377$21,565$7,188iApproximate average salary by contribution assumption: employee only about $179,708 at 4% or $119,806 at 6%; with 50% employer match about $119,806 at 4% or $79,870 at 6%; with 100% employer match about $89,854 at 4% or $59,903 at 6%.
Optimum Benefits Inc. 401(K) Plan-3$258,377$21,565$7,188iApproximate average salary by contribution assumption: employee only about $179,708 at 4% or $119,806 at 6%; with 50% employer match about $119,806 at 4% or $79,870 at 6%; with 100% employer match about $89,854 at 4% or $59,903 at 6%.
200513$213,477$20,517$6,839iApproximate average salary by contribution assumption: employee only about $170,975 at 4% or $113,983 at 6%; with 50% employer match about $113,983 at 4% or $75,989 at 6%; with 100% employer match about $85,488 at 4% or $56,992 at 6%.
Optimum Benefits Inc. 401(K) Plan-3$213,477$20,517$6,839iApproximate average salary by contribution assumption: employee only about $170,975 at 4% or $113,983 at 6%; with 50% employer match about $113,983 at 4% or $75,989 at 6%; with 100% employer match about $85,488 at 4% or $56,992 at 6%.
200412$182,883$16,704$8,352iApproximate average salary by contribution assumption: employee only about $208,800 at 4% or $139,200 at 6%; with 50% employer match about $139,200 at 4% or $92,800 at 6%; with 100% employer match about $104,400 at 4% or $69,600 at 6%.
Optimum Benefits Inc. 401(K) Plan-2$182,883$16,704$8,352iApproximate average salary by contribution assumption: employee only about $208,800 at 4% or $139,200 at 6%; with 50% employer match about $139,200 at 4% or $92,800 at 6%; with 100% employer match about $104,400 at 4% or $69,600 at 6%.
200313$151,723$8,084$2,695iApproximate average salary by contribution assumption: employee only about $67,367 at 4% or $44,911 at 6%; with 50% employer match about $44,911 at 4% or $29,941 at 6%; with 100% employer match about $33,683 at 4% or $22,456 at 6%.
Optimum Benefits Inc. 401(K) Plan-3$151,723$8,084$2,695iApproximate average salary by contribution assumption: employee only about $67,367 at 4% or $44,911 at 6%; with 50% employer match about $44,911 at 4% or $29,941 at 6%; with 100% employer match about $33,683 at 4% or $22,456 at 6%.
200213$124,909$147,011$49,004iApproximate average salary by contribution assumption: employee only about $1,225,092 at 4% or $816,728 at 6%; with 50% employer match about $816,728 at 4% or $544,485 at 6%; with 100% employer match about $612,546 at 4% or $408,364 at 6%.
Optimum Benefits Inc. 401(K) Plan-3$124,909$147,011$49,004iApproximate average salary by contribution assumption: employee only about $1,225,092 at 4% or $816,728 at 6%; with 50% employer match about $816,728 at 4% or $544,485 at 6%; with 100% employer match about $612,546 at 4% or $408,364 at 6%.
Optimum Benefits Inc. | EIN 34-1847231 | 2024 Form 5500 Company Profile