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LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 401k Plan overview

Plan NameLONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN
Plan identification number 004

LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LONG ISLAND VITREORETINAL CONSULTANTS, P.C. has sponsored the creation of one or more 401k plans.

Company Name:LONG ISLAND VITREORETINAL CONSULTANTS, P.C.
Employer identification number (EIN):112566918
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0042021-01-01DR. KENNETH GRAHAM2022-10-14
0042020-01-01DR. KENNETH GRAHAM2021-10-13
0042019-01-01DR. KENNETH GRAHAM2020-10-13 DR. KENNETH GRAHAM2020-10-13
0042018-01-01VINCENT DERAMO2019-10-14
0042017-01-01
0042016-01-01
0042015-01-01
0042014-01-01DR. PHILIP FERRONE
0042013-01-01DR. PHILIP FERRONE
0042012-01-01DR. PHILIP FERRONE
0042011-01-01DR. PHILIP FERRONE
0042010-01-01DR. PHILIP FERRONE

Plan Statistics for LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN

401k plan membership statisitcs for LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN

Measure Date Value
2021: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01160
Total number of active participants reported on line 7a of the Form 55002021-01-01117
Number of retired or separated participants receiving benefits2021-01-012
Number of other retired or separated participants entitled to future benefits2021-01-0151
Total of all active and inactive participants2021-01-01170
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01170
Number of participants with account balances2021-01-01153
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0110
2020: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01142
Total number of active participants reported on line 7a of the Form 55002020-01-01109
Number of retired or separated participants receiving benefits2020-01-014
Number of other retired or separated participants entitled to future benefits2020-01-0138
Total of all active and inactive participants2020-01-01151
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01151
Number of participants with account balances2020-01-01135
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-013
2019: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01130
Total number of active participants reported on line 7a of the Form 55002019-01-0196
Number of retired or separated participants receiving benefits2019-01-013
Number of other retired or separated participants entitled to future benefits2019-01-0133
Total of all active and inactive participants2019-01-01132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01132
Number of participants with account balances2019-01-01122
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-012
2018: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01132
Total number of active participants reported on line 7a of the Form 55002018-01-0189
Number of retired or separated participants receiving benefits2018-01-012
Number of other retired or separated participants entitled to future benefits2018-01-0133
Total of all active and inactive participants2018-01-01124
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01124
Number of participants with account balances2018-01-01112
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-014
2017: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-01111
Total number of active participants reported on line 7a of the Form 55002017-01-0176
Number of retired or separated participants receiving benefits2017-01-012
Number of other retired or separated participants entitled to future benefits2017-01-0140
Total of all active and inactive participants2017-01-01118
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-01118
Number of participants with account balances2017-01-01104
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-015
2016: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-01117
Total number of active participants reported on line 7a of the Form 55002016-01-0170
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-0134
Total of all active and inactive participants2016-01-01104
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-01104
Number of participants with account balances2016-01-01100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-017
2015: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-01116
Total number of active participants reported on line 7a of the Form 55002015-01-0178
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-0133
Total of all active and inactive participants2015-01-01111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-01111
Number of participants with account balances2015-01-01102
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-015
2014: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-01108
Total number of active participants reported on line 7a of the Form 55002014-01-0178
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-0133
Total of all active and inactive participants2014-01-01111
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-01111
Number of participants with account balances2014-01-01100
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-014
2013: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-01103
Total number of active participants reported on line 7a of the Form 55002013-01-0179
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-0129
Total of all active and inactive participants2013-01-01108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-01108
Number of participants with account balances2013-01-0198
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-011
2012: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0190
Total number of active participants reported on line 7a of the Form 55002012-01-0170
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-0124
Total of all active and inactive participants2012-01-0194
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0194
Number of participants with account balances2012-01-0183
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-015
2011: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0195
Total number of active participants reported on line 7a of the Form 55002011-01-0166
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-0120
Total of all active and inactive participants2011-01-0186
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0186
Number of participants with account balances2011-01-0180
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-018
2010: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year2010-01-01100
Total number of active participants reported on line 7a of the Form 55002010-01-0170
Number of retired or separated participants receiving benefits2010-01-010
Number of other retired or separated participants entitled to future benefits2010-01-0118
Total of all active and inactive participants2010-01-0188
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2010-01-010
Total participants2010-01-0188
Number of participants with account balances2010-01-0187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2010-01-014

Financial Data on LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN

Measure Date Value
2021 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total transfer of assets from this plan2021-12-31$268,903
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total income from all sources (including contributions)2021-12-31$5,320,617
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$675,866
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$662,097
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$1,201,511
Value of total assets at end of year2021-12-31$29,440,491
Value of total assets at beginning of year2021-12-31$25,064,643
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$13,769
Total interest from all sources2021-12-31$14,349
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,728,698
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,728,698
Administrative expenses professional fees incurred2021-12-31$11,862
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$491,515
Participant contributions at end of year2021-12-31$0
Participant contributions at beginning of year2021-12-31$214,704
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$186,530
Other income not declared elsewhere2021-12-31$9,394
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$703
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$4,644,751
Value of net assets at end of year (total assets less liabilities)2021-12-31$29,440,491
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$25,064,643
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Assets. partnership/joint venture interests at end of year2021-12-31$30,687
Assets. partnership/joint venture interests at beginning of year2021-12-31$34,136
Investment advisory and management fees2021-12-31$1,907
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$1,189,715
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$24,614,791
Interest on participant loans2021-12-31$14,313
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$28,220,089
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$200,309
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$200,309
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$36
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$2,366,665
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$523,466
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$662,097
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31SHEEHAN & COMPANY
Accountancy firm EIN2021-12-31132709344
2020 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$5,580,308
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$1,551,492
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$1,540,966
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$2,007,204
Value of total assets at end of year2020-12-31$25,064,643
Value of total assets at beginning of year2020-12-31$21,035,827
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$10,526
Total interest from all sources2020-12-31$12,229
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$586,370
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$586,370
Administrative expenses professional fees incurred2020-12-31$8,363
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$416,550
Participant contributions at end of year2020-12-31$214,704
Participant contributions at beginning of year2020-12-31$198,568
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$890,654
Other income not declared elsewhere2020-12-31$54,523
Total non interest bearing cash at end of year2020-12-31$703
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$4,028,816
Value of net assets at end of year (total assets less liabilities)2020-12-31$25,064,643
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$21,035,827
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Assets. partnership/joint venture interests at end of year2020-12-31$34,136
Assets. partnership/joint venture interests at beginning of year2020-12-31$2,351
Investment advisory and management fees2020-12-31$2,163
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$24,614,791
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$20,047,737
Interest on participant loans2020-12-31$9,418
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$200,309
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$787,171
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$787,171
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$2,811
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,919,982
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$700,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$1,540,966
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31SHEEHAN & COMPANY
Accountancy firm EIN2020-12-31132709344
2019 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$4,599,903
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$338,131
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$328,280
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,050,095
Value of total assets at end of year2019-12-31$21,035,827
Value of total assets at beginning of year2019-12-31$16,774,055
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$9,851
Total interest from all sources2019-12-31$21,541
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$628,546
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$628,546
Administrative expenses professional fees incurred2019-12-31$1,928
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$1,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$362,975
Participant contributions at end of year2019-12-31$198,568
Participant contributions at beginning of year2019-12-31$168,032
Assets. Other investments not covered elsewhere at end of year2019-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$2,018
Other income not declared elsewhere2019-12-31$20,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$4,261,772
Value of net assets at end of year (total assets less liabilities)2019-12-31$21,035,827
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$16,774,055
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Assets. partnership/joint venture interests at end of year2019-12-31$2,351
Assets. partnership/joint venture interests at beginning of year2019-12-31$0
Investment advisory and management fees2019-12-31$7,923
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$20,047,737
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$16,230,778
Interest on participant loans2019-12-31$7,244
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$787,171
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$373,227
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$373,227
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$14,297
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$2,879,721
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$687,120
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$328,280
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31SHEEHAN & COMPANY
Accountancy firm EIN2019-12-31132709344
2018 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets2018-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$0
Total income from all sources (including contributions)2018-12-31$37,090
Total loss/gain on sale of assets2018-12-31$0
Total of all expenses incurred2018-12-31$159,595
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$143,023
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$968,266
Value of total assets at end of year2018-12-31$16,774,055
Value of total assets at beginning of year2018-12-31$16,896,560
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$16,572
Total interest from all sources2018-12-31$13,435
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$701,041
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$701,041
Administrative expenses professional fees incurred2018-12-31$8,786
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$1,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$337,975
Participant contributions at end of year2018-12-31$168,032
Participant contributions at beginning of year2018-12-31$182,168
Assets. Other investments not covered elsewhere at end of year2018-12-31$2,018
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$1,813
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$15,469
Other income not declared elsewhere2018-12-31$36,374
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$-122,505
Value of net assets at end of year (total assets less liabilities)2018-12-31$16,774,055
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$16,896,560
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$7,786
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$16,230,778
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$16,597,480
Interest on participant loans2018-12-31$8,600
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$373,227
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$115,099
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$115,099
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$4,835
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-1,682,026
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31Yes
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$614,822
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$143,023
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31SHEEHAN & COMPANY
Accountancy firm EIN2018-12-31132709344
2017 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2017 401k financial data
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$3,266,602
Expenses. Total of all expenses incurred2017-12-31$235,324
Benefits paid (including direct rollovers)2017-12-31$221,483
Total plan assets at end of year2017-12-31$16,896,560
Total plan assets at beginning of year2017-12-31$13,865,282
Value of fidelity bond covering the plan2017-12-31$700,000
Total contributions received or receivable from participants2017-12-31$285,754
Contributions received from other sources (not participants or employers)2017-12-31$8,392
Other income received2017-12-31$2,373,857
Net income (gross income less expenses)2017-12-31$3,031,278
Net plan assets at end of year (total assets less liabilities)2017-12-31$16,896,560
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$13,865,282
Assets. Value of participant loans2017-12-31$182,168
Assets. Value of assets in partnership/joint-venture interests2017-12-31$1,813
Total contributions received or receivable from employer(s)2017-12-31$598,599
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$13,841
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
2016 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$3,873,489
Expenses. Total of all expenses incurred2016-12-31$326,852
Benefits paid (including direct rollovers)2016-12-31$305,337
Total plan assets at end of year2016-12-31$13,865,282
Total plan assets at beginning of year2016-12-31$10,318,645
Value of fidelity bond covering the plan2016-12-31$700,000
Total contributions received or receivable from participants2016-12-31$266,090
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$2,038,115
Other income received2016-12-31$982,143
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$3,546,637
Net plan assets at end of year (total assets less liabilities)2016-12-31$13,865,282
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$10,318,645
Assets. Value of participant loans2016-12-31$143,378
Assets. Value of assets in partnership/joint-venture interests2016-12-31$1,729
Total contributions received or receivable from employer(s)2016-12-31$587,141
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$21,515
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$741,301
Expenses. Total of all expenses incurred2015-12-31$358,101
Benefits paid (including direct rollovers)2015-12-31$332,486
Total plan assets at end of year2015-12-31$10,318,645
Total plan assets at beginning of year2015-12-31$9,935,445
Value of fidelity bond covering the plan2015-12-31$700,000
Total contributions received or receivable from participants2015-12-31$238,475
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-78,108
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$383,200
Net plan assets at end of year (total assets less liabilities)2015-12-31$10,318,645
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$9,935,445
Assets. Value of participant loans2015-12-31$142,812
Assets. Value of assets in partnership/joint-venture interests2015-12-31$77,147
Total contributions received or receivable from employer(s)2015-12-31$580,934
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$25,615
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2014 401k financial data
Total income from all sources2014-12-31$1,538,849
Expenses. Total of all expenses incurred2014-12-31$177,318
Benefits paid (including direct rollovers)2014-12-31$152,731
Total plan assets at end of year2014-12-31$9,935,445
Total plan assets at beginning of year2014-12-31$8,573,914
Value of fidelity bond covering the plan2014-12-31$700,000
Total contributions received or receivable from participants2014-12-31$297,033
Other income received2014-12-31$678,688
Net income (gross income less expenses)2014-12-31$1,361,531
Net plan assets at end of year (total assets less liabilities)2014-12-31$9,935,445
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$8,573,914
Assets. Value of participant loans2014-12-31$146,604
Assets. Value of assets in partnership/joint-venture interests2014-12-31$393,306
Total contributions received or receivable from employer(s)2014-12-31$563,128
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$24,587
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2013 401k financial data
Total income from all sources2013-12-31$2,804,533
Expenses. Total of all expenses incurred2013-12-31$84,661
Benefits paid (including direct rollovers)2013-12-31$66,886
Total plan assets at end of year2013-12-31$8,573,914
Total plan assets at beginning of year2013-12-31$5,854,042
Value of fidelity bond covering the plan2013-12-31$700,000
Total contributions received or receivable from participants2013-12-31$296,055
Contributions received from other sources (not participants or employers)2013-12-31$689,237
Other income received2013-12-31$1,315,799
Net income (gross income less expenses)2013-12-31$2,719,872
Net plan assets at end of year (total assets less liabilities)2013-12-31$8,573,914
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$5,854,042
Assets. Value of participant loans2013-12-31$89,848
Assets. Value of assets in partnership/joint-venture interests2013-12-31$226,297
Total contributions received or receivable from employer(s)2013-12-31$503,442
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$17,775
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2013-12-31$0
2012 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2012 401k financial data
Total income from all sources2012-12-31$1,414,384
Expenses. Total of all expenses incurred2012-12-31$182,556
Benefits paid (including direct rollovers)2012-12-31$166,618
Total plan assets at end of year2012-12-31$5,854,042
Total plan assets at beginning of year2012-12-31$4,622,214
Value of fidelity bond covering the plan2012-12-31$700,000
Total contributions received or receivable from participants2012-12-31$265,131
Contributions received from other sources (not participants or employers)2012-12-31$77,882
Other income received2012-12-31$590,005
Net income (gross income less expenses)2012-12-31$1,231,828
Net plan assets at end of year (total assets less liabilities)2012-12-31$5,854,042
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$4,622,214
Assets. Value of participant loans2012-12-31$32,682
Total contributions received or receivable from employer(s)2012-12-31$481,366
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$15,938
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2012-12-31$0
2011 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2011 401k financial data
Total income from all sources2011-12-31$240,470
Expenses. Total of all expenses incurred2011-12-31$267,688
Benefits paid (including direct rollovers)2011-12-31$251,516
Total plan assets at end of year2011-12-31$4,622,214
Total plan assets at beginning of year2011-12-31$4,649,432
Value of fidelity bond covering the plan2011-12-31$700,000
Total contributions received or receivable from participants2011-12-31$264,695
Other income received2011-12-31$-24,225
Net income (gross income less expenses)2011-12-31$-27,218
Net plan assets at end of year (total assets less liabilities)2011-12-31$4,622,214
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$4,649,432
Assets. Value of participant loans2011-12-31$27,479
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$16,172
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2011-12-31$0
2010 : LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2010 401k financial data
Total income from all sources2010-12-31$1,584,518
Expenses. Total of all expenses incurred2010-12-31$15,795
Benefits paid (including direct rollovers)2010-12-31$7,892
Total plan assets at end of year2010-12-31$4,649,432
Total plan assets at beginning of year2010-12-31$3,080,709
Value of fidelity bond covering the plan2010-12-31$700,000
Total contributions received or receivable from participants2010-12-31$247,652
Expenses. Other expenses not covered elsewhere2010-12-31$7,903
Other income received2010-12-31$874,869
Net income (gross income less expenses)2010-12-31$1,568,723
Net plan assets at end of year (total assets less liabilities)2010-12-31$4,649,432
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$3,080,709
Assets. Value of participant loans2010-12-31$18,048
Total contributions received or receivable from employer(s)2010-12-31$461,997
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2010-12-31$0

Form 5500 Responses for LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN

2021: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedNo
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2017 form 5500 responses
2017-01-01Type of plan entitySingle employer plan
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2017-01-01Plan funding arrangement – TrustYes
2017-01-01Plan benefit arrangement - TrustYes
2016: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2010: LONG ISLAND VITREORETINAL CONSULTANTS, P.C. 401(K) EMPLOYEE SAVINGS PLAN 2010 form 5500 responses
2010-01-01Type of plan entitySingle employer plan
2010-01-01Submission has been amendedNo
2010-01-01This submission is the final filingNo
2010-01-01This return/report is a short plan year return/report (less than 12 months)No
2010-01-01Plan is a collectively bargained planNo
2010-01-01Plan funding arrangement – TrustYes
2010-01-01Plan benefit arrangement - TrustYes

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