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EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN 401k Plan overview

Plan NameEAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN
Plan identification number 001

EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K 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
  • Partial participant-directed account plan - Participants have the opportunity to direct the investment of a portion of 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.
  • 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

EAST BAY EYE CENTERS MEDICAL CORP has sponsored the creation of one or more 401k plans.

Company Name:EAST BAY EYE CENTERS MEDICAL CORP
Employer identification number (EIN):710888792
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TODD D. SEVERIN, M.D.2024-10-04
0012022-01-01TODD D. SEVERIN, M.D.2023-10-09
0012021-01-01TODD D. SEVERIN, M.D.2022-10-12
0012020-01-01TODD D. SEVERIN, M.D.2021-10-10
0012019-01-01TODD D. SEVERIN, M.D.2020-10-13
0012018-01-01TODD D. SEVERIN, M.D.2019-02-21
0012017-01-01TODD D. SEVERIN, M.D.2018-07-11
0012016-01-01TODD D. SEVERIN, M.D.2017-08-03
0012015-01-01TODD D. SEVERIN, M.D.2016-07-06
0012014-01-01TODD D. SEVERIN, M.D.2015-05-12
0012013-01-01TODD D. SEVERIN, M.D.2014-05-09
0012012-01-01TODD D. SEVERIN, M.D.2013-07-19
0012011-01-01TODD D. SEVERIN, M.D.2012-04-13
0012010-01-01TODD D. SEVERIN, M.D.2011-07-21

Plan Statistics for EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN

401k plan membership statisitcs for EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN

Measure Date Value
2024: EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-10-0424
Total number of particpants at end of year2024-10-0422
Number of Participants With Account Balances2024-10-0422
2022: EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN 2022 401k membership
Total number of particpants at beginning of year2022-10-1217
Total number of particpants at end of year2022-10-1221
Number of Participants With Account Balances2022-10-1221

Financial Data on EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN

Measure Date Value
2024 : EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-040
Total liabilities as of the end of the plan year2024-10-04575
Total liabilities as of the beginning of the plan year2024-10-042594
Total expenses incurred by plan in this plan year2024-10-04206994
Net assets as of the end of the plan year2024-10-041773955
Total assets as of the beginning of the plan year2024-10-041656353
Value of plan covered by a fidelity bond2024-10-04170000
Participant contributions to plan in this plan year2024-10-0438396
Value of participant loans at end of plan year2024-10-0460558
Other expenses paid from plan in this plan year2024-10-040
Other contributions to plan in this plan year2024-10-040
Other income to plan in this plan year2024-10-04239440
Plan net income in this plan year2024-10-04119621
Net assets as of the end of the plan year2024-10-041773380
Net assets as of the beginning of the plan year2024-10-041653759
Employer contributions to plan in this plan year2024-10-0448779
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0417480
2022 : EAST BAY EYE CENTERS MEDICAL CORPORATION PROFIT SHARING 401K PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-10-120
Total liabilities as of the end of the plan year2022-10-121880
Total liabilities as of the beginning of the plan year2022-10-125898
Total expenses incurred by plan in this plan year2022-10-1222184
Net assets as of the end of the plan year2022-10-121682528
Total assets as of the beginning of the plan year2022-10-121321026
Value of plan covered by a fidelity bond2022-10-12150000
Participant contributions to plan in this plan year2022-10-1272733
Value of participant loans at end of plan year2022-10-1230005
Other expenses paid from plan in this plan year2022-10-120
Other contributions to plan in this plan year2022-10-120
Other income to plan in this plan year2022-10-12271629
Plan net income in this plan year2022-10-12365520
Net assets as of the end of the plan year2022-10-121680648
Net assets as of the beginning of the plan year2022-10-121315128
Employer contributions to plan in this plan year2022-10-1243342
Expensese paid to adminstrative service provicers from plan in this plan year2022-10-1214816

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