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THE CENTER FOR SIGHT EMPLOYEE PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE CENTER FOR SIGHT EMPLOYEE PROFIT SHARING PLAN
Plan identification number 002

THE CENTER FOR SIGHT EMPLOYEE PROFIT SHARING 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.
  • 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) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

THE CENTER FOR SIGHT PC has sponsored the creation of one or more 401k plans.

Company Name:THE CENTER FOR SIGHT PC
Employer identification number (EIN):382043586
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 CENTER FOR SIGHT EMPLOYEE PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01JENNIFER HOHMAN2024-05-16
0022022-01-01JENNY HOHMAN2023-05-09
0022021-01-01
0022020-01-01DR. MARTIN C. PATRIAS2021-04-14
0022019-01-01DR. MARTIN C. PATRIAS2020-04-09
0022018-01-01DR. MARTIN C. PATRIAS2019-04-10
0022017-01-01DR. MARTIN C. PATRIAS2018-07-10
0022016-01-01DR. MARTIN C. PATRIAS2017-04-13
0022015-01-01DR. MARTIN C. PATRIAS2016-04-20
0022014-01-01DR. MARTIN C. PATRIAS2015-10-13
0022013-01-01DR. MARTIN C. PATRIAS2014-10-14
0022012-01-01DR. MARTIN C. PATRIAS2014-07-03
0022011-01-01JANET M SCOTT2012-09-20 MARTIN C PATRIAS2012-09-20
0022010-01-01MARTIN PATRIAS2011-03-30

Financial Data on THE CENTER FOR SIGHT EMPLOYEE PROFIT SHARING PLAN

Measure Date Value
2025 : THE CENTER FOR SIGHT EMPLOYEE PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-220
Total expenses incurred by plan in this plan year2025-05-221217709
Net assets as of the end of the plan year2025-05-224834683
Total assets as of the beginning of the plan year2025-05-225081681
Value of plan covered by a fidelity bond2025-05-22500000
Participant contributions to plan in this plan year2025-05-2288578
Value of participant loans at end of plan year2025-05-220
Other contributions to plan in this plan year2025-05-22206600
Other income to plan in this plan year2025-05-22605523
Plan net income in this plan year2025-05-22-246998
Net assets as of the end of the plan year2025-05-224834683
Net assets as of the beginning of the plan year2025-05-225081681
Employer contributions to plan in this plan year2025-05-2270010
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-2223946
2024 : THE CENTER FOR SIGHT EMPLOYEE PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-05-160
Total expenses incurred by plan in this plan year2024-05-1677590
Net assets as of the end of the plan year2024-05-165081681
Total assets as of the beginning of the plan year2024-05-164273512
Value of plan covered by a fidelity bond2024-05-16500000
Participant contributions to plan in this plan year2024-05-1686246
Value of participant loans at end of plan year2024-05-1616795
Other contributions to plan in this plan year2024-05-1659381
Other income to plan in this plan year2024-05-16670132
Plan net income in this plan year2024-05-16808169
Net assets as of the end of the plan year2024-05-165081681
Net assets as of the beginning of the plan year2024-05-164273512
Employer contributions to plan in this plan year2024-05-1670000
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-1623471
2022 : THE CENTER FOR SIGHT EMPLOYEE PROFIT SHARING PLAN 2022 401k financial data
Total expenses incurred by plan in this plan year2022-05-0317793
Net assets as of the end of the plan year2022-05-035737130
Total assets as of the beginning of the plan year2022-05-035211393
Value of plan covered by a fidelity bond2022-05-03500000
Participant contributions to plan in this plan year2022-05-03103229
Value of participant loans at end of plan year2022-05-033804
Other expenses paid from plan in this plan year2022-05-0317627
Other income to plan in this plan year2022-05-03370301
Plan net income in this plan year2022-05-03525737
Net assets as of the end of the plan year2022-05-035737130
Net assets as of the beginning of the plan year2022-05-035211393
Employer contributions to plan in this plan year2022-05-0370000

Potentially related plans

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