?>
Logo

THE EYE TEAM LTD DEFINED BENEFIT PLAN 401k Plan overview

Plan NameTHE EYE TEAM LTD DEFINED BENEFIT PLAN
Plan identification number 003

THE EYE TEAM LTD DEFINED BENEFIT PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.

401k Sponsoring company profile

THE EYE TEAM, LTD has sponsored the creation of one or more 401k plans.

Company Name:THE EYE TEAM, LTD
Employer identification number (EIN):043130442
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE EYE TEAM LTD DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032021-01-01DR. DEREK FEIFKE2022-01-14
0032020-01-01DR. DEREK FEIFKE2021-08-15
0032019-01-01DR. DEREK FEIFKE2020-09-15
0032018-01-01DR. DEREK FEIFKE2019-07-14
0032017-01-01DR. DEREK FEIFKE2018-06-13
0032016-01-01DR. DEREK FEIFKE2017-10-02
0032015-01-01DR. DEREK FEIFKE2016-07-27
0032014-01-01DR. DEREK FEIFKE2015-07-28
0032013-01-01DR. DEREK FEIFKE2015-06-16
0032012-01-01DR. DEREK FEIFKE2013-09-25
0032011-01-01DR. DEREK FEIFKE2012-10-10
0032010-01-01DR. DEREK FEIFKE2011-10-11

Plan Statistics for THE EYE TEAM LTD DEFINED BENEFIT PLAN

401k plan membership statisitcs for THE EYE TEAM LTD DEFINED BENEFIT PLAN

Measure Date Value
2020: THE EYE TEAM LTD DEFINED BENEFIT PLAN 2020 401k membership
Market value of plan assets2020-12-311,707,030
Acturial value of plan assets2020-12-311,707,030
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-311,937,762
Number of active participants2020-12-311
Total funding liabilities for active participants2020-12-311,937,762
Total participant count2020-12-311
Total funding target for all participants2020-12-311,937,762
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-315,647
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-315,647
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-311,941
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-312,181
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-312,181
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-312,181
Total employer contributions2020-12-31110,405
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31615,914
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-310
Net shortfall amortization installment of oustanding balance2020-12-31233,113
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3152,993
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-312,181
Additional cash requirement2020-12-3150,812
Contributions allocatedtoward minimum required contributions for current year2020-12-31615,914
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: THE EYE TEAM LTD DEFINED BENEFIT PLAN 2019 401k membership
Market value of plan assets2019-12-311,340,095
Acturial value of plan assets2019-12-311,340,095
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-310
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-311,538,383
Number of active participants2019-12-311
Total funding liabilities for active participants2019-12-311,538,383
Total participant count2019-12-311
Total funding target for all participants2019-12-311,538,383
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-313,171
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-313,171
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-315,555
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-315,647
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-315,647
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-315,647
Total employer contributions2019-12-31202,000
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31189,154
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31153,838
Net shortfall amortization installment of oustanding balance2019-12-31209,935
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-31192,860
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-315,647
Additional cash requirement2019-12-31187,213
Contributions allocatedtoward minimum required contributions for current year2019-12-31189,154
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: THE EYE TEAM LTD DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets2018-12-311,182,146
Acturial value of plan assets2018-12-311,182,146
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-310
Fundng target for terminated vested participants2018-12-310
Active participant vested funding target2018-12-311,245,604
Number of active participants2018-12-311
Total funding liabilities for active participants2018-12-311,245,604
Total participant count2018-12-311
Total funding target for all participants2018-12-311,245,604
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-312,019
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-312,019
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-310
Present value of excess contributions2018-12-312,915
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-313,171
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-313,171
Reductions in caryover balances due to elections or deemed elections2018-12-310
Reductions in prefunding balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-313,171
Total employer contributions2018-12-31169,000
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31160,058
Liquidity shortfalls end of Q12018-12-310
Liquidity shortfalls end of Q22018-12-310
Liquidity shortfalls end of Q32018-12-310
Liquidity shortfalls end of Q42018-12-310
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31138,400
Net shortfall amortization installment of oustanding balance2018-12-3166,629
Waiver amortization installment2018-12-310
Total funding amount beforereflecting carryover/prefunding balances2018-12-31157,674
Prefunding balance elected to use to offset funding requirement2018-12-313,171
Additional cash requirement2018-12-31154,503
Contributions allocatedtoward minimum required contributions for current year2018-12-31160,058
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: THE EYE TEAM LTD DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets2017-12-31923,970
Acturial value of plan assets2017-12-31923,970
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-310
Fundng target for terminated vested participants2017-12-310
Active participant vested funding target2017-12-311,034,650
Number of active participants2017-12-311
Total funding liabilities for active participants2017-12-311,034,650
Total participant count2017-12-311
Total funding target for all participants2017-12-311,034,650
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-319,640
Prefunding balanced used to offset prior years funding requirement2017-12-319,640
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-310
Present value of excess contributions2017-12-311,880
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-312,019
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-312,019
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-312,019
Total employer contributions2017-12-31165,000
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31155,354
Liquidity shortfalls end of Q12017-12-310
Liquidity shortfalls end of Q22017-12-310
Liquidity shortfalls end of Q32017-12-310
Liquidity shortfalls end of Q42017-12-310
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31129,331
Net shortfall amortization installment of oustanding balance2017-12-31112,699
Total funding amount beforereflecting carryover/prefunding balances2017-12-31154,458
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-312,019
Additional cash requirement2017-12-31152,439
Contributions allocatedtoward minimum required contributions for current year2017-12-31155,354
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: THE EYE TEAM LTD DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets2016-12-31730,333
Acturial value of plan assets2016-12-31730,333
Active participant vested funding target2016-12-31827,374
Number of active participants2016-12-311
Total funding liabilities for active participants2016-12-31827,374
Total participant count2016-12-311
Total funding target for all participants2016-12-31827,374
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-3110,828
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-3110,828
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-310
Present value of excess contributions2016-12-319,821
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-319,640
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-319,640
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-319,640
Total employer contributions2016-12-31140,000
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31131,894
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31118,196
Net shortfall amortization installment of oustanding balance2016-12-31106,861
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31139,654
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-319,640
Additional cash requirement2016-12-31130,014
Contributions allocatedtoward minimum required contributions for current year2016-12-31131,894
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S3