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QUALITY EYE CARE INC., 401K PLAN 401k Plan overview

Plan NameQUALITY EYE CARE INC., 401K PLAN
Plan identification number 001

QUALITY EYE CARE INC., 401K 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.
  • 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.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • 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.

401k Sponsoring company profile

QUALITY EYE CARE INC has sponsored the creation of one or more 401k plans.

Company Name:QUALITY EYE CARE INC
Employer identification number (EIN):320431399
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan QUALITY EYE CARE INC., 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SHIRLEY HORNER2024-07-13
0012022-01-01SHIRLEY HORNER2023-08-14
0012021-01-01SHIRLEY HORNER2022-07-14
0012020-05-01MAGGIE ELALAYLI2021-07-06

Financial Data on QUALITY EYE CARE INC., 401K PLAN

Measure Date Value
2025 : QUALITY EYE CARE INC., 401K PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-015814
Net assets as of the end of the plan year2025-07-01202042
Total assets as of the beginning of the plan year2025-07-01123351
Value of plan covered by a fidelity bond2025-07-0113000
Participant contributions to plan in this plan year2025-07-0147887
Value of participant loans at end of plan year2025-07-012471
Other income to plan in this plan year2025-07-0114985
Plan net income in this plan year2025-07-0178691
Net assets as of the end of the plan year2025-07-01202042
Net assets as of the beginning of the plan year2025-07-01123351
Employer contributions to plan in this plan year2025-07-0121633
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-011019
2024 : QUALITY EYE CARE INC., 401K PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-138179
Net assets as of the end of the plan year2024-07-13123351
Total assets as of the beginning of the plan year2024-07-1392656
Value of plan covered by a fidelity bond2024-07-1310000
Participant contributions to plan in this plan year2024-07-1319535
Value of participant loans at end of plan year2024-07-133431
Other income to plan in this plan year2024-07-136857
Plan net income in this plan year2024-07-1330695
Net assets as of the end of the plan year2024-07-13123351
Net assets as of the beginning of the plan year2024-07-1392656
Employer contributions to plan in this plan year2024-07-1312482
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-13729
2022 : QUALITY EYE CARE INC., 401K PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-07-14625
Net assets as of the end of the plan year2022-07-1470582
Total assets as of the beginning of the plan year2022-07-1433688
Value of plan covered by a fidelity bond2022-07-144000
Participant contributions to plan in this plan year2022-07-1428207
Other income to plan in this plan year2022-07-145484
Plan net income in this plan year2022-07-1436894
Net assets as of the end of the plan year2022-07-1470582
Net assets as of the beginning of the plan year2022-07-1433688
Employer contributions to plan in this plan year2022-07-143828
Expensese paid to adminstrative service provicers from plan in this plan year2022-07-14312

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