How big is Optimum Bank's plan?

Optimum Bank's plan reported $1.5M in assets and 69 participants for 2024.

Original filing (PDF)20250604150145NAL0019395888001

Optimum Bank

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

Form 5500-SF

FILING_RECEIVED

Optimum Bank 401(k) Profit Sharing Plan

401(k) retirement plan · Optimum Bank's Optimum Bank 401(k) Profit Sharing Plan held $1.5M in plan assets for 69 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.5M

Net assets (EOY)

$1.5M

People on this filing

Mary Franco signed Optimum Bank's 2024 Form 5500 as plan administrator.

Mary Franco — 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

Optimum Bank's EIN is 65-1041812.

EIN 65-1041812

Plan number 001

Plan year 2024

ACK ID 20250604150145NAL0019395888001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Optimum Bank's plan includes ERISA 404(c) participant direction, a 401(k) feature.

Decision-maker contacts

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

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Plan health score

Above-average plan

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