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LAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN 401k Plan overview

Plan NameLAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN
Plan identification number 001

LAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • 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.
  • 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

LAKE NORMAN EYE, OD, PA has sponsored the creation of one or more 401k plans.

Company Name:LAKE NORMAN EYE, OD, PA
Employer identification number (EIN):203347911
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01
0012022-01-01
0012021-01-01
0012021-01-01
0012020-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01
0012015-01-01
0012014-01-01ANGELA S HARRIS2015-07-27
0012014-01-01ANGELA S HARRIS2015-04-23

Financial Data on LAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN

Measure Date Value
2025 : LAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-09-224389
Net assets as of the end of the plan year2025-09-22551476
Total assets as of the beginning of the plan year2025-09-22438870
Value of plan covered by a fidelity bond2025-09-2250000
Participant contributions to plan in this plan year2025-09-2240878
Other income to plan in this plan year2025-09-2260190
Plan net income in this plan year2025-09-22112606
Net assets as of the end of the plan year2025-09-22551476
Net assets as of the beginning of the plan year2025-09-22438870
Employer contributions to plan in this plan year2025-09-2215927
2024 : LAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-09-301950
Net assets as of the end of the plan year2024-09-30438870
Total assets as of the beginning of the plan year2024-09-30357146
Value of plan covered by a fidelity bond2024-09-3050000
Participant contributions to plan in this plan year2024-09-3034149
Other income to plan in this plan year2024-09-3034903
Plan net income in this plan year2024-09-3081724
Net assets as of the end of the plan year2024-09-30438870
Net assets as of the beginning of the plan year2024-09-30357146
Employer contributions to plan in this plan year2024-09-3014622
2022 : LAKE NORMAN EYE, OD, PA 401K PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-10-1232089
Net assets as of the end of the plan year2022-10-12400396
Total assets as of the beginning of the plan year2022-10-12334228
Value of plan covered by a fidelity bond2022-10-1250000
Participant contributions to plan in this plan year2022-10-1220560
Other income to plan in this plan year2022-10-1268344
Plan net income in this plan year2022-10-1266168
Net assets as of the end of the plan year2022-10-12400396
Net assets as of the beginning of the plan year2022-10-12334228
Employer contributions to plan in this plan year2022-10-129353

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