How big is Optus Bank's plan?

Optus Bank's plan reported $969K in assets and 51 participants for 2024.

Original filing (PDF)20250527133641NAL0016184562001

Optus Bank

Name: Optus Bank — Optus Bank 401(k) Plan, Form 5500 (2024)
Creator: Optus Bank
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Optus Bank 401(k) Plan

401(k) retirement plan · Optus Bank's Optus Bank 401(k) Plan held $969K in plan assets for 51 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$969K

Net assets (EOY)

$969K

People on this filing

Javier Espido signed Optus Bank's 2024 Form 5500 as plan administrator.

Javier Espido — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Optus Bank's EIN is 58-2457456.

EIN 58-2457456

Plan number 001

Plan year 2024

ACK ID 20250527133641NAL0016184562001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Optus Bank from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Optus Bank's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for OPTUS BANK.

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (19th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

OPTUS BANK

EIN

all filings

Address

1241 MAIN STREET, SUITE 100 · COLUMBIA, SC · 29201

Phone

(864) 416-7519

Industry

Commercial Banking· Finance & Insurance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-05-27

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Service providers (Schedule C)

Small plans don't disclose service providers

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