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401K EMPLOYEE RETIREMENT PLAN 401k Plan overview

Plan Name401K EMPLOYEE RETIREMENT PLAN
Plan identification number 001

401K EMPLOYEE RETIREMENT PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • 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

PROFESSIONAL EYECARE ASSOCIATES PA has sponsored the creation of one or more 401k plans.

Company Name:PROFESSIONAL EYECARE ASSOCIATES PA
Employer identification number (EIN):273766101
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 401K EMPLOYEE RETIREMENT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SCOTT HILL2024-07-15
0012022-01-01SCOTT HILL2023-07-14
0012021-01-01SCOTT HILL2022-07-14
0012020-01-01SCOTT HILL2021-07-27
0012019-01-01SCOTT HILL2020-07-07

Financial Data on 401K EMPLOYEE RETIREMENT PLAN

Measure Date Value
2025 : 401K EMPLOYEE RETIREMENT PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-07-170
Total liabilities as of the end of the plan year2025-07-170
Total liabilities as of the beginning of the plan year2025-07-170
Total expenses incurred by plan in this plan year2025-07-17233
Net assets as of the end of the plan year2025-07-17692126
Total assets as of the beginning of the plan year2025-07-17490686
Value of plan covered by a fidelity bond2025-07-17100000
Participant contributions to plan in this plan year2025-07-1786975
Other expenses paid from plan in this plan year2025-07-170
Other contributions to plan in this plan year2025-07-170
Other income to plan in this plan year2025-07-1760047
Plan net income in this plan year2025-07-17201440
Net assets as of the end of the plan year2025-07-17692126
Net assets as of the beginning of the plan year2025-07-17490686
Employer contributions to plan in this plan year2025-07-1754651
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-170
2024 : 401K EMPLOYEE RETIREMENT PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-150
Total liabilities as of the end of the plan year2024-07-150
Total liabilities as of the beginning of the plan year2024-07-150
Total expenses incurred by plan in this plan year2024-07-1516988
Net assets as of the end of the plan year2024-07-15490686
Total assets as of the beginning of the plan year2024-07-15321683
Value of plan covered by a fidelity bond2024-07-15100000
Participant contributions to plan in this plan year2024-07-1578781
Other expenses paid from plan in this plan year2024-07-150
Other contributions to plan in this plan year2024-07-152005
Other income to plan in this plan year2024-07-1556082
Plan net income in this plan year2024-07-15169003
Net assets as of the end of the plan year2024-07-15490686
Net assets as of the beginning of the plan year2024-07-15321683
Employer contributions to plan in this plan year2024-07-1549123
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-150
2022 : 401K EMPLOYEE RETIREMENT PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-07-140
Total liabilities as of the end of the plan year2022-07-140
Total liabilities as of the beginning of the plan year2022-07-140
Total expenses incurred by plan in this plan year2022-07-148444
Net assets as of the end of the plan year2022-07-14304252
Total assets as of the beginning of the plan year2022-07-14164855
Value of plan covered by a fidelity bond2022-07-141000000
Participant contributions to plan in this plan year2022-07-1469229
Other expenses paid from plan in this plan year2022-07-140
Other contributions to plan in this plan year2022-07-1413695
Other income to plan in this plan year2022-07-1426370
Plan net income in this plan year2022-07-14139397
Net assets as of the end of the plan year2022-07-14304252
Net assets as of the beginning of the plan year2022-07-14164855
Employer contributions to plan in this plan year2022-07-1438547
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-140

Potentially related plans

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