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EYE CARE INSTITUTE, A MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameEYE CARE INSTITUTE, A MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN
Plan identification number 002

EYE CARE INSTITUTE, A MEDICAL CORPORATION 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.
  • 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

EYE CARE INSTITUTE, A MEDICAL CORPORATION has sponsored the creation of one or more 401k plans.

Company Name:EYE CARE INSTITUTE, A MEDICAL CORPORATION
Employer identification number (EIN):942172516
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EYE CARE INSTITUTE, A MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01DANIEL G. RICH, M.D.2024-07-13
0022022-01-01DANIEL G. RICH, M.D.2023-07-20
0022021-01-01DANIEL G. RICH, M.D.2022-09-20
0022020-01-01DANIEL G. RICH, M.D.2021-10-13
0022019-01-01DANIEL G. RICH, M.D.2020-07-15
0022018-01-01DANIEL G. RICH, M.D.2019-09-30
0022017-01-01DANIEL G. RICH, M.D.2018-05-10
0022016-01-01DANIEL G. RICH, M.D.2017-09-05
0022015-01-01DANIEL G. RICH, M.D.2016-06-01
0022014-01-01DANIEL G. RICH, M.D.2016-06-01
0022014-01-01DANIEL G. RICH, M.D.2015-06-02
0022013-01-01DANIEL G. RICH, M.D.2014-06-25
0022012-01-01DANIEL G. RICH2013-02-26 DANIEL G. RICH2013-02-26
0022011-01-01DANIEL G. RICH, M.D.2012-08-25 DANIEL G. RICH, M.D.2012-08-25
0022010-01-01DANIEL G. RICH, M.D.2011-08-02 DANIEL G. RICH, M.D.2011-08-02

Financial Data on EYE CARE INSTITUTE, A MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : EYE CARE INSTITUTE, A MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-05-21357291
Net assets as of the end of the plan year2025-05-214062182
Total assets as of the beginning of the plan year2025-05-213726405
Value of plan covered by a fidelity bond2025-05-21500000
Participant contributions to plan in this plan year2025-05-21292428
Value of participant loans at end of plan year2025-05-2117374
Other contributions to plan in this plan year2025-05-218051
Other income to plan in this plan year2025-05-21392589
Plan net income in this plan year2025-05-21335777
Net assets as of the end of the plan year2025-05-214062182
Net assets as of the beginning of the plan year2025-05-213726405
Value of contributions failed to transmitted timely2025-05-217969
Employer contributions to plan in this plan year2025-05-210
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-2134079
2024 : EYE CARE INSTITUTE, A MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total transfers to/from plan in this plan year2024-07-130
Total liabilities as of the end of the plan year2024-07-130
Total liabilities as of the beginning of the plan year2024-07-130
Total expenses incurred by plan in this plan year2024-07-1388206
Net assets as of the end of the plan year2024-07-133726405
Total assets as of the beginning of the plan year2024-07-132925954
Value of plan covered by a fidelity bond2024-07-13500000
Participant contributions to plan in this plan year2024-07-13228290
Value of participant loans at end of plan year2024-07-1322863
Other expenses paid from plan in this plan year2024-07-130
Other contributions to plan in this plan year2024-07-130
Other income to plan in this plan year2024-07-13538699
Plan net income in this plan year2024-07-13800451
Net assets as of the end of the plan year2024-07-133726405
Net assets as of the beginning of the plan year2024-07-132925954
Employer contributions to plan in this plan year2024-07-13121668
Expensese paid to adminstrative service provicers from plan in this plan year2024-07-1331502
2022 : EYE CARE INSTITUTE, A MEDICAL CORPORATION 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total transfers to/from plan in this plan year2022-09-200
Total liabilities as of the end of the plan year2022-09-200
Total liabilities as of the beginning of the plan year2022-09-200
Total expenses incurred by plan in this plan year2022-09-201456151
Net assets as of the end of the plan year2022-09-203938554
Total assets as of the beginning of the plan year2022-09-204682687
Value of plan covered by a fidelity bond2022-09-20500000
Participant contributions to plan in this plan year2022-09-20184322
Value of participant loans at end of plan year2022-09-200
Other expenses paid from plan in this plan year2022-09-200
Other contributions to plan in this plan year2022-09-200
Other income to plan in this plan year2022-09-20435714
Plan net income in this plan year2022-09-20-744133
Net assets as of the end of the plan year2022-09-203938554
Net assets as of the beginning of the plan year2022-09-204682687
Employer contributions to plan in this plan year2022-09-2091982
Expensese paid to adminstrative service provicers from plan in this plan year2022-09-2040645

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