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NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN 401k Plan overview

Plan NameNORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN
Plan identification number 001

NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NORTH TEXAS OPHTHAMOLOGY ASSOCIATES has sponsored the creation of one or more 401k plans.

Company Name:NORTH TEXAS OPHTHAMOLOGY ASSOCIATES
Employer identification number (EIN):871066422
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01TONYA VIVAS2024-08-28
0012022-01-01DEVIN M WEST2023-05-30
0012021-01-01DEVIN M WEST2022-07-11

Plan Statistics for NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN

401k plan membership statisitcs for NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN

Measure Date Value
2025: NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-10-1456
Total number of particpants at end of year2025-10-1450
Number of Participants With Account Balances2025-10-1449
2024: NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-08-2857
Total number of particpants at end of year2024-08-2852
Number of Participants With Account Balances2024-08-2852

Financial Data on NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN

Measure Date Value
2025 : NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-140
Total liabilities as of the beginning of the plan year2025-10-140
Total expenses incurred by plan in this plan year2025-10-14872847
Net assets as of the end of the plan year2025-10-143091363
Total assets as of the beginning of the plan year2025-10-143263152
Value of plan covered by a fidelity bond2025-10-14400000
Participant contributions to plan in this plan year2025-10-14219189
Value of participant loans at end of plan year2025-10-1422981
Other expenses paid from plan in this plan year2025-10-140
Other contributions to plan in this plan year2025-10-142806
Other income to plan in this plan year2025-10-14387655
Plan net income in this plan year2025-10-14-171789
Net assets as of the end of the plan year2025-10-143091363
Net assets as of the beginning of the plan year2025-10-143263152
Employer contributions to plan in this plan year2025-10-1491408
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-141267
2024 : NORTH TEXAS OPHTHALMOLOGY ASSOCIATES 401(K) PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-08-280
Total liabilities as of the beginning of the plan year2024-08-280
Total expenses incurred by plan in this plan year2024-08-28979657
Net assets as of the end of the plan year2024-08-283263152
Total assets as of the beginning of the plan year2024-08-283597146
Value of plan covered by a fidelity bond2024-08-28400000
Participant contributions to plan in this plan year2024-08-28190305
Value of participant loans at end of plan year2024-08-2816955
Other expenses paid from plan in this plan year2024-08-280
Other contributions to plan in this plan year2024-08-280
Other income to plan in this plan year2024-08-28367783
Plan net income in this plan year2024-08-28-333994
Net assets as of the end of the plan year2024-08-283263152
Net assets as of the beginning of the plan year2024-08-283597146
Employer contributions to plan in this plan year2024-08-2887575
Expensese paid to adminstrative service provicers from plan in this plan year2024-08-28138806

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