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THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) 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.
  • 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.

401k Sponsoring company profile

THE EYE GROUP OF SOUTHERN INDIANA, LLC has sponsored the creation of one or more 401k plans.

Company Name:THE EYE GROUP OF SOUTHERN INDIANA, LLC
Employer identification number (EIN):351838091
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01MICHAEL HODGES
0012017-01-01MICHAEL HODGES
0012016-01-01MICHAEL R. HODGES, M.D.2017-06-23 MICHAEL R. HODGES, M.D.2017-06-23
0012015-01-01MICHAEL R. HODGES, M.D.2016-05-31 MICHAEL R. HODGES, M.D.2016-05-31
0012014-01-01WILLIAM PENLAND2015-05-05 WILLIAM PENLAND2015-05-05
0012013-01-01WILLIAM PENLAND2014-06-18 WILLIAM PENLAND2014-06-18
0012012-01-01WILLIAM PENLAND2013-04-17 WILLIAM PENLAND2013-04-17
0012011-01-01WILLIAM PENLAND2012-05-25 WILLIAM PENLAND2012-05-25
0012010-01-01WILLIAM PENLAND2011-06-09 WILLIAM PENLAND2011-06-09

Plan Statistics for THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN

401k plan membership statisitcs for THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2022: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-0131
Total number of active participants reported on line 7a of the Form 55002022-01-0121
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-015
Total of all active and inactive participants2022-01-0126
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-0126
Number of participants with account balances2022-01-0126
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-011
2021: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0130
Total number of active participants reported on line 7a of the Form 55002021-01-0123
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-018
Total of all active and inactive participants2021-01-0131
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-0131
Number of participants with account balances2021-01-0131
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-016
2020: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-0132
Total number of active participants reported on line 7a of the Form 55002020-01-0129
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-011
Total of all active and inactive participants2020-01-0130
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-0130
Number of participants with account balances2020-01-0130
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-014
2019: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-0129
Total number of active participants reported on line 7a of the Form 55002019-01-0130
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-012
Total of all active and inactive participants2019-01-0132
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-0132
Number of participants with account balances2019-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-011
2018: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-0133
Total number of active participants reported on line 7a of the Form 55002018-01-0126
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-013
Total of all active and inactive participants2018-01-0129
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-0129
Number of participants with account balances2018-01-0129
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-013
2017: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2017 401k membership
Total participants, beginning-of-year2017-01-0132
Total number of active participants reported on line 7a of the Form 55002017-01-0130
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-013
Total of all active and inactive participants2017-01-0133
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-010
Total participants2017-01-0133
Number of participants with account balances2017-01-0132
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-010

Financial Data on THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN

Measure Date Value
2022 : THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2022 401k financial data
Transfers to/from the plan2022-12-31$0
Total plan liabilities at end of year2022-12-31$0
Total plan liabilities at beginning of year2022-12-31$0
Total income from all sources2022-12-31$-655,783
Expenses. Total of all expenses incurred2022-12-31$1,532,441
Benefits paid (including direct rollovers)2022-12-31$1,519,777
Total plan assets at end of year2022-12-31$3,999,814
Total plan assets at beginning of year2022-12-31$6,188,038
Value of fidelity bond covering the plan2022-12-31$500,000
Assets. Value of tangible personal property2022-12-31$0
Total contributions received or receivable from participants2022-12-31$118,150
Assets. Value of loans (other than to participants)2022-12-31$0
Expenses. Other expenses not covered elsewhere2022-12-31$0
Contributions received from other sources (not participants or employers)2022-12-31$0
Other income received2022-12-31$-874,991
Noncash contributions received2022-12-31$0
Net income (gross income less expenses)2022-12-31$-2,188,224
Net plan assets at end of year (total assets less liabilities)2022-12-31$3,999,814
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$6,188,038
Assets. Value of participant loans2022-12-31$14,790
Assets. Value of assets in partnership/joint-venture interests2022-12-31$0
Assets. Value of real-estate (other than employer real property)2022-12-31$0
Assets. Value of employer securities2022-12-31$0
Assets. Value of employer real property2022-12-31$0
Total contributions received or receivable from employer(s)2022-12-31$101,058
Value of certain deemed distributions of participant loans2022-12-31$0
Value of corrective distributions2022-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2022-12-31$12,664
2021 : THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$0
Total plan liabilities at end of year2021-12-31$0
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$933,557
Expenses. Total of all expenses incurred2021-12-31$80,233
Benefits paid (including direct rollovers)2021-12-31$67,114
Total plan assets at end of year2021-12-31$6,188,038
Total plan assets at beginning of year2021-12-31$5,334,714
Value of fidelity bond covering the plan2021-12-31$500,000
Assets. Value of tangible personal property2021-12-31$0
Total contributions received or receivable from participants2021-12-31$133,053
Assets. Value of loans (other than to participants)2021-12-31$0
Expenses. Other expenses not covered elsewhere2021-12-31$0
Contributions received from other sources (not participants or employers)2021-12-31$0
Other income received2021-12-31$658,162
Noncash contributions received2021-12-31$0
Net income (gross income less expenses)2021-12-31$853,324
Net plan assets at end of year (total assets less liabilities)2021-12-31$6,188,038
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$5,334,714
Assets. Value of participant loans2021-12-31$8,583
Assets. Value of assets in partnership/joint-venture interests2021-12-31$0
Assets. Value of real-estate (other than employer real property)2021-12-31$0
Assets. Value of employer securities2021-12-31$0
Assets. Value of employer real property2021-12-31$0
Total contributions received or receivable from employer(s)2021-12-31$142,342
Value of certain deemed distributions of participant loans2021-12-31$0
Value of corrective distributions2021-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2021-12-31$13,119
2020 : THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2020 401k financial data
Transfers to/from the plan2020-12-31$0
Total plan liabilities at end of year2020-12-31$0
Total plan liabilities at beginning of year2020-12-31$0
Total income from all sources2020-12-31$847,012
Expenses. Total of all expenses incurred2020-12-31$229,406
Benefits paid (including direct rollovers)2020-12-31$217,999
Total plan assets at end of year2020-12-31$5,334,714
Total plan assets at beginning of year2020-12-31$4,717,108
Value of fidelity bond covering the plan2020-12-31$500,000
Assets. Value of tangible personal property2020-12-31$0
Total contributions received or receivable from participants2020-12-31$139,100
Assets. Value of loans (other than to participants)2020-12-31$0
Expenses. Other expenses not covered elsewhere2020-12-31$0
Contributions received from other sources (not participants or employers)2020-12-31$0
Other income received2020-12-31$540,708
Noncash contributions received2020-12-31$0
Net income (gross income less expenses)2020-12-31$617,606
Net plan assets at end of year (total assets less liabilities)2020-12-31$5,334,714
Net plan assets at beginning of year (total assets less liabilities)2020-12-31$4,717,108
Assets. Value of participant loans2020-12-31$15,001
Assets. Value of assets in partnership/joint-venture interests2020-12-31$0
Assets. Value of real-estate (other than employer real property)2020-12-31$0
Assets. Value of employer securities2020-12-31$0
Assets. Value of employer real property2020-12-31$0
Total contributions received or receivable from employer(s)2020-12-31$167,204
Value of certain deemed distributions of participant loans2020-12-31$0
Value of corrective distributions2020-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2020-12-31$11,407
2019 : THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2019 401k financial data
Transfers to/from the plan2019-12-31$0
Total plan liabilities at end of year2019-12-31$0
Total plan liabilities at beginning of year2019-12-31$0
Total income from all sources2019-12-31$1,117,097
Expenses. Total of all expenses incurred2019-12-31$228,113
Benefits paid (including direct rollovers)2019-12-31$216,785
Total plan assets at end of year2019-12-31$4,717,108
Total plan assets at beginning of year2019-12-31$3,828,124
Value of fidelity bond covering the plan2019-12-31$500,000
Total contributions received or receivable from participants2019-12-31$117,931
Expenses. Other expenses not covered elsewhere2019-12-31$0
Contributions received from other sources (not participants or employers)2019-12-31$0
Other income received2019-12-31$860,326
Noncash contributions received2019-12-31$0
Net income (gross income less expenses)2019-12-31$888,984
Net plan assets at end of year (total assets less liabilities)2019-12-31$4,717,108
Net plan assets at beginning of year (total assets less liabilities)2019-12-31$3,828,124
Assets. Value of participant loans2019-12-31$23,783
Total contributions received or receivable from employer(s)2019-12-31$138,840
Value of certain deemed distributions of participant loans2019-12-31$0
Value of corrective distributions2019-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2019-12-31$11,328
2018 : THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2018 401k financial data
Transfers to/from the plan2018-12-31$7,686
Total plan liabilities at end of year2018-12-31$0
Total plan liabilities at beginning of year2018-12-31$0
Total income from all sources2018-12-31$287,274
Expenses. Total of all expenses incurred2018-12-31$78,050
Benefits paid (including direct rollovers)2018-12-31$69,942
Total plan assets at end of year2018-12-31$3,828,124
Total plan assets at beginning of year2018-12-31$3,611,214
Value of fidelity bond covering the plan2018-12-31$500,000
Total contributions received or receivable from participants2018-12-31$130,101
Expenses. Other expenses not covered elsewhere2018-12-31$0
Contributions received from other sources (not participants or employers)2018-12-31$11,811
Other income received2018-12-31$-10,582
Noncash contributions received2018-12-31$0
Net income (gross income less expenses)2018-12-31$209,224
Net plan assets at end of year (total assets less liabilities)2018-12-31$3,828,124
Net plan assets at beginning of year (total assets less liabilities)2018-12-31$3,611,214
Assets. Value of participant loans2018-12-31$10,870
Total contributions received or receivable from employer(s)2018-12-31$155,944
Value of certain deemed distributions of participant loans2018-12-31$0
Value of corrective distributions2018-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2018-12-31$8,108
2017 : THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2017 401k financial data
Transfers to/from the plan2017-12-31$0
Total plan liabilities at end of year2017-12-31$0
Total plan liabilities at beginning of year2017-12-31$0
Total income from all sources2017-12-31$712,639
Expenses. Total of all expenses incurred2017-12-31$55,988
Benefits paid (including direct rollovers)2017-12-31$55,988
Total plan assets at end of year2017-12-31$3,611,214
Total plan assets at beginning of year2017-12-31$2,954,563
Value of fidelity bond covering the plan2017-12-31$500,000
Total contributions received or receivable from participants2017-12-31$98,019
Expenses. Other expenses not covered elsewhere2017-12-31$0
Contributions received from other sources (not participants or employers)2017-12-31$21,214
Other income received2017-12-31$458,476
Noncash contributions received2017-12-31$0
Net income (gross income less expenses)2017-12-31$656,651
Net plan assets at end of year (total assets less liabilities)2017-12-31$3,611,214
Net plan assets at beginning of year (total assets less liabilities)2017-12-31$2,954,563
Assets. Value of participant loans2017-12-31$10,251
Total contributions received or receivable from employer(s)2017-12-31$134,930
Value of certain deemed distributions of participant loans2017-12-31$0
Value of corrective distributions2017-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2017-12-31$0

Form 5500 Responses for THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN

2022: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01This submission is the final filingNo
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01This submission is the final filingNo
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01This submission is the final filingNo
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING 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: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING 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: THE EYE GROUP OF SOUTHERN INDIANA, LLC 401(K) PROFIT SHARING 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

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