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GRAND ISLAND OPTICAL 401(K) PLAN 401k Plan overview

Plan NameGRAND ISLAND OPTICAL 401(K) PLAN
Plan identification number 001

GRAND ISLAND OPTICAL 401(K) 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

GRAND ISLAND OPTICAL PC has sponsored the creation of one or more 401k plans.

Company Name:GRAND ISLAND OPTICAL PC
Employer identification number (EIN):470761762
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GRAND ISLAND OPTICAL 401(K) 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
0012020-01-01
0012019-01-01
0012018-01-01RENE KETTELER2019-04-30 RENE KETTELER2019-04-30
0012017-01-01RENE KETTELER2018-05-08
0012016-01-01RENE KETTELER2017-05-16 JASON LANGFORD2017-05-16
0012015-01-01RENE KETTELER2016-06-07 JASON LANGFORD2016-06-07
0012014-01-01RENE KETTELER2015-06-12
0012013-01-01RENE KETTELER2014-04-30
0012012-01-01RENE KETTELER2013-05-29 RENE KETTELER2013-05-29
0012011-01-01RENE KETTELER2012-04-24 RENE KETTELER2012-04-24
0012010-03-01RENE KETTELER2011-05-23 RENE KETTELER2011-05-23

Plan Statistics for GRAND ISLAND OPTICAL 401(K) PLAN

401k plan membership statisitcs for GRAND ISLAND OPTICAL 401(K) PLAN

Measure Date Value
2025: GRAND ISLAND OPTICAL 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-08-0436
Total number of particpants at end of year2025-08-0433
Number of Participants With Account Balances2025-08-0431
2024: GRAND ISLAND OPTICAL 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-07-1535
Total number of particpants at end of year2024-07-1536
Number of Participants With Account Balances2024-07-1534

Financial Data on GRAND ISLAND OPTICAL 401(K) PLAN

Measure Date Value
2025 : GRAND ISLAND OPTICAL 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-08-0444142
Net assets as of the end of the plan year2025-08-043564074
Total assets as of the beginning of the plan year2025-08-042965875
Value of plan covered by a fidelity bond2025-08-0450000
Participant contributions to plan in this plan year2025-08-04180366
Value of participant loans at end of plan year2025-08-0437179
Other income to plan in this plan year2025-08-04414299
Plan net income in this plan year2025-08-04598199
Net assets as of the end of the plan year2025-08-043564074
Net assets as of the beginning of the plan year2025-08-042965875
Employer contributions to plan in this plan year2025-08-0447676
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-0411641
2024 : GRAND ISLAND OPTICAL 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-07-1534129
Net assets as of the end of the plan year2024-07-152965875
Total assets as of the beginning of the plan year2024-07-152350521
Value of plan covered by a fidelity bond2024-07-15235053
Participant contributions to plan in this plan year2024-07-15178144
Value of participant loans at end of plan year2024-07-157003
Other income to plan in this plan year2024-07-15425860
Plan net income in this plan year2024-07-15615354
Net assets as of the end of the plan year2024-07-152965875
Net assets as of the beginning of the plan year2024-07-152350521
Employer contributions to plan in this plan year2024-07-1545479
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-159146

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