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EYE CARE NORTHEAST, P.C. PENSION PLAN 401k Plan overview

Plan NameEYE CARE NORTHEAST, P.C. PENSION PLAN
Plan identification number 004

EYE CARE NORTHEAST, P.C. PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • 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

EYE CARE NORTHEAST, P.C. has sponsored the creation of one or more 401k plans.

Company Name:EYE CARE NORTHEAST, P.C.
Employer identification number (EIN):060950399
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EYE CARE NORTHEAST, P.C. PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042021-04-01JAMES DEAN2022-05-31 JAMES DEAN2022-05-31
0042020-04-01JAMES DEAN2022-01-11 JAMES DEAN2022-01-11
0042019-04-01JAMES DEAN2021-01-08 JAMES DEAN2021-01-08
0042018-04-01CINDY DONAHEY2020-01-14 CINDY DONAHEY2020-01-14
0042017-04-01JAMES DEAN2019-01-08 JAMES DEAN2019-01-08
0042016-04-01JAMES DEAN2018-01-14 JAMES DEAN2018-01-14
0042015-04-01JAMES DEAN2017-01-12 JAMES DEAN2017-01-12
0042014-04-01JAMES DEAN2016-10-25 JAMES DEAN2016-10-25
0042014-04-01JAMES DEAN2016-01-14
0042013-04-01JAMES DEAN2016-01-08
0042012-04-01JAMES DEAN2014-01-16
0042011-04-01JAMES DEAN2013-01-07
0042010-04-01JAMES DEAN2012-01-12

Plan Statistics for EYE CARE NORTHEAST, P.C. PENSION PLAN

401k plan membership statisitcs for EYE CARE NORTHEAST, P.C. PENSION PLAN

Measure Date Value
2021: EYE CARE NORTHEAST, P.C. PENSION PLAN 2021 401k membership
Market value of plan assets2021-10-212,896,942
Acturial value of plan assets2021-10-212,896,942
Funding target for retired participants and beneficiaries receiving payment2021-10-210
Number of terminated vested participants2021-10-2111
Fundng target for terminated vested participants2021-10-2114,804
Active participant vested funding target2021-10-212,767,588
Number of active participants2021-10-215
Total funding liabilities for active participants2021-10-212,767,588
Total participant count2021-10-2116
Total funding target for all participants2021-10-212,782,392
Balance at beginning of prior year after applicable adjustments2021-10-210
Prefunding balance at beginning of prior year after applicable adjustments2021-10-210
Carryover balanced portion elected for use to offset prior years funding requirement2021-10-210
Prefunding balanced used to offset prior years funding requirement2021-10-210
Amount remaining of carryover balance2021-10-210
Amount remaining of prefunding balance2021-10-210
Present value of excess contributions2021-10-21134,971
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-10-21142,232
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-10-210
Reductions in caryover balances due to elections or deemed elections2021-10-210
Reductions in prefunding balances due to elections or deemed elections2021-10-210
Balance of carryovers at beginning of current year2021-10-210
Balance of prefunding at beginning of current year2021-10-210
Contributions allocated toward unpaid minimum require contributions from prior years2021-10-210
Contributions made to avoid restrictions adjusted to valuation date2021-10-210
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-10-210
Unpaid minimum required contributions for all prior years2021-10-210
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-10-210
Remaining amount of unpaid minimum required contributions2021-10-210
Minimum required contributions for current year target normal cost2021-10-210
Net shortfall amortization installment of oustanding balance2021-10-210
Waiver amortization installment2021-10-210
Total funding amount beforereflecting carryover/prefunding balances2021-10-210
Carryover balance elected to use to offset funding requirement2021-10-210
Prefunding balance elected to use to offset funding requirement2021-10-210
Additional cash requirement2021-10-210
Contributions allocatedtoward minimum required contributions for current year2021-10-210
Unpaid minimum required contributions for current year2021-10-210
Unpaid minimum required contributions for all years2021-10-210
Market value of plan assets2021-03-312,761,952
Acturial value of plan assets2021-03-312,761,952
Funding target for retired participants and beneficiaries receiving payment2021-03-310
Number of terminated vested participants2021-03-3111
Fundng target for terminated vested participants2021-03-318,493
Active participant vested funding target2021-03-312,432,484
Number of active participants2021-03-315
Total funding liabilities for active participants2021-03-312,432,484
Total participant count2021-03-3116
Total funding target for all participants2021-03-312,440,977
Balance at beginning of prior year after applicable adjustments2021-03-310
Prefunding balance at beginning of prior year after applicable adjustments2021-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-03-310
Prefunding balanced used to offset prior years funding requirement2021-03-310
Amount remaining of carryover balance2021-03-310
Amount remaining of prefunding balance2021-03-310
Present value of excess contributions2021-03-314,418
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-03-314,418
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-03-310
Reductions in caryover balances due to elections or deemed elections2021-03-310
Reductions in prefunding balances due to elections or deemed elections2021-03-310
Balance of carryovers at beginning of current year2021-03-310
Balance of prefunding at beginning of current year2021-03-310
Total employer contributions2021-03-31137,000
Total employee contributions2021-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-03-310
Contributions made to avoid restrictions adjusted to valuation date2021-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-03-31134,971
Liquidity shortfalls end of Q12021-03-310
Liquidity shortfalls end of Q22021-03-310
Liquidity shortfalls end of Q32021-03-310
Liquidity shortfalls end of Q42021-03-310
Unpaid minimum required contributions for all prior years2021-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-03-310
Remaining amount of unpaid minimum required contributions2021-03-310
Minimum required contributions for current year target normal cost2021-03-31205,526
Net shortfall amortization installment of oustanding balance2021-03-310
Waiver amortization installment2021-03-310
Total funding amount beforereflecting carryover/prefunding balances2021-03-310
Carryover balance elected to use to offset funding requirement2021-03-310
Prefunding balance elected to use to offset funding requirement2021-03-310
Additional cash requirement2021-03-310
Contributions allocatedtoward minimum required contributions for current year2021-03-31134,971
Unpaid minimum required contributions for current year2021-03-310
Unpaid minimum required contributions for all years2021-03-310
2020: EYE CARE NORTHEAST, P.C. PENSION PLAN 2020 401k membership
Market value of plan assets2020-03-311,724,552
Acturial value of plan assets2020-03-311,724,552
Funding target for retired participants and beneficiaries receiving payment2020-03-310
Number of terminated vested participants2020-03-319
Fundng target for terminated vested participants2020-03-314,692
Active participant vested funding target2020-03-312,077,451
Number of active participants2020-03-317
Total funding liabilities for active participants2020-03-312,078,424
Total participant count2020-03-3116
Total funding target for all participants2020-03-312,083,116
Balance at beginning of prior year after applicable adjustments2020-03-310
Prefunding balance at beginning of prior year after applicable adjustments2020-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-03-310
Prefunding balanced used to offset prior years funding requirement2020-03-310
Amount remaining of carryover balance2020-03-310
Amount remaining of prefunding balance2020-03-310
Present value of excess contributions2020-03-3138,461
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-03-3138,461
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-03-310
Reductions in caryover balances due to elections or deemed elections2020-03-310
Reductions in prefunding balances due to elections or deemed elections2020-03-310
Balance of carryovers at beginning of current year2020-03-310
Balance of prefunding at beginning of current year2020-03-310
Total employer contributions2020-03-31262,696
Total employee contributions2020-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-03-310
Contributions made to avoid restrictions adjusted to valuation date2020-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-03-31248,716
Liquidity shortfalls end of Q12020-03-310
Liquidity shortfalls end of Q22020-03-310
Liquidity shortfalls end of Q32020-03-310
Liquidity shortfalls end of Q42020-03-310
Unpaid minimum required contributions for all prior years2020-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-03-310
Remaining amount of unpaid minimum required contributions2020-03-310
Minimum required contributions for current year target normal cost2020-03-31185,276
Net shortfall amortization installment of oustanding balance2020-03-31358,564
Waiver amortization installment2020-03-310
Total funding amount beforereflecting carryover/prefunding balances2020-03-31244,298
Carryover balance elected to use to offset funding requirement2020-03-310
Prefunding balance elected to use to offset funding requirement2020-03-310
Additional cash requirement2020-03-31244,298
Contributions allocatedtoward minimum required contributions for current year2020-03-31248,716
Unpaid minimum required contributions for current year2020-03-310
Unpaid minimum required contributions for all years2020-03-310
2019: EYE CARE NORTHEAST, P.C. PENSION PLAN 2019 401k membership
Market value of plan assets2019-03-311,700,783
Acturial value of plan assets2019-03-311,700,783
Funding target for retired participants and beneficiaries receiving payment2019-03-310
Number of terminated vested participants2019-03-318
Fundng target for terminated vested participants2019-03-312,868
Active participant vested funding target2019-03-311,736,643
Number of active participants2019-03-318
Total funding liabilities for active participants2019-03-311,737,047
Total participant count2019-03-3116
Total funding target for all participants2019-03-311,739,915
Balance at beginning of prior year after applicable adjustments2019-03-310
Prefunding balance at beginning of prior year after applicable adjustments2019-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-03-310
Prefunding balanced used to offset prior years funding requirement2019-03-310
Amount remaining of carryover balance2019-03-310
Amount remaining of prefunding balance2019-03-310
Present value of excess contributions2019-03-31112,480
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-03-31112,480
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-03-310
Reductions in caryover balances due to elections or deemed elections2019-03-310
Reductions in prefunding balances due to elections or deemed elections2019-03-310
Balance of carryovers at beginning of current year2019-03-310
Balance of prefunding at beginning of current year2019-03-310
Total employer contributions2019-03-31235,000
Total employee contributions2019-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-03-310
Contributions made to avoid restrictions adjusted to valuation date2019-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-03-31225,925
Unpaid minimum required contributions for all prior years2019-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-03-310
Remaining amount of unpaid minimum required contributions2019-03-310
Minimum required contributions for current year target normal cost2019-03-31181,076
Net shortfall amortization installment of oustanding balance2019-03-3139,132
Waiver amortization installment2019-03-310
Total funding amount beforereflecting carryover/prefunding balances2019-03-31187,464
Additional cash requirement2019-03-31187,464
Contributions allocatedtoward minimum required contributions for current year2019-03-31225,925
Unpaid minimum required contributions for current year2019-03-310
Unpaid minimum required contributions for all years2019-03-310
2018: EYE CARE NORTHEAST, P.C. PENSION PLAN 2018 401k membership
Market value of plan assets2018-03-311,535,262
Acturial value of plan assets2018-03-311,535,262
Funding target for retired participants and beneficiaries receiving payment2018-03-310
Number of terminated vested participants2018-03-3114
Fundng target for terminated vested participants2018-03-3132,213
Active participant vested funding target2018-03-311,417,764
Number of active participants2018-03-318
Total funding liabilities for active participants2018-03-311,417,764
Total participant count2018-03-3122
Total funding target for all participants2018-03-311,449,977
Balance at beginning of prior year after applicable adjustments2018-03-310
Prefunding balance at beginning of prior year after applicable adjustments2018-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2018-03-310
Prefunding balanced used to offset prior years funding requirement2018-03-310
Amount remaining of carryover balance2018-03-310
Amount remaining of prefunding balance2018-03-310
Present value of excess contributions2018-03-3152,756
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-03-3152,756
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-03-310
Reductions in caryover balances due to elections or deemed elections2018-03-310
Reductions in prefunding balances due to elections or deemed elections2018-03-310
Balance of carryovers at beginning of current year2018-03-310
Balance of prefunding at beginning of current year2018-03-310
Total employer contributions2018-03-31191,133
Total employee contributions2018-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-03-310
Contributions made to avoid restrictions adjusted to valuation date2018-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-03-31180,734
Liquidity shortfalls end of Q12018-03-310
Liquidity shortfalls end of Q22018-03-310
Liquidity shortfalls end of Q32018-03-310
Liquidity shortfalls end of Q42018-03-310
Unpaid minimum required contributions for all prior years2018-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-03-310
Remaining amount of unpaid minimum required contributions2018-03-310
Minimum required contributions for current year target normal cost2018-03-31153,539
Net shortfall amortization installment of oustanding balance2018-03-310
Waiver amortization installment2018-03-310
Total funding amount beforereflecting carryover/prefunding balances2018-03-3168,254
Additional cash requirement2018-03-3168,254
Contributions allocatedtoward minimum required contributions for current year2018-03-31180,734
Unpaid minimum required contributions for current year2018-03-310
Unpaid minimum required contributions for all years2018-03-310
2017: EYE CARE NORTHEAST, P.C. PENSION PLAN 2017 401k membership
Market value of plan assets2017-03-311,191,356
Acturial value of plan assets2017-03-311,191,356
Funding target for retired participants and beneficiaries receiving payment2017-03-310
Number of terminated vested participants2017-03-3115
Fundng target for terminated vested participants2017-03-3152,024
Active participant vested funding target2017-03-311,145,079
Number of active participants2017-03-317
Total funding liabilities for active participants2017-03-311,145,795
Total participant count2017-03-3122
Total funding target for all participants2017-03-311,197,819
Balance at beginning of prior year after applicable adjustments2017-03-310
Prefunding balance at beginning of prior year after applicable adjustments2017-03-310
Carryover balanced portion elected for use to offset prior years funding requirement2017-03-310
Prefunding balanced used to offset prior years funding requirement2017-03-310
Amount remaining of carryover balance2017-03-310
Amount remaining of prefunding balance2017-03-310
Present value of excess contributions2017-03-3197,769
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-03-3197,769
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-03-310
Reductions in caryover balances due to elections or deemed elections2017-03-310
Reductions in prefunding balances due to elections or deemed elections2017-03-310
Balance of carryovers at beginning of current year2017-03-310
Balance of prefunding at beginning of current year2017-03-310
Total employer contributions2017-03-31200,000
Total employee contributions2017-03-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-03-310
Contributions made to avoid restrictions adjusted to valuation date2017-03-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-03-31186,558
Liquidity shortfalls end of Q12017-03-310
Liquidity shortfalls end of Q22017-03-310
Liquidity shortfalls end of Q32017-03-310
Liquidity shortfalls end of Q42017-03-310
Unpaid minimum required contributions for all prior years2017-03-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-03-310
Remaining amount of unpaid minimum required contributions2017-03-310
Minimum required contributions for current year target normal cost2017-03-31130,048
Net shortfall amortization installment of oustanding balance2017-03-316,463
Waiver amortization installment2017-03-310
Total funding amount beforereflecting carryover/prefunding balances2017-03-31133,802
Carryover balance elected to use to offset funding requirement2017-03-310
Prefunding balance elected to use to offset funding requirement2017-03-310
Additional cash requirement2017-03-31133,802
Contributions allocatedtoward minimum required contributions for current year2017-03-31186,558
Unpaid minimum required contributions for current year2017-03-310
Unpaid minimum required contributions for all years2017-03-310

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