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EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 401k Plan overview

Plan NameEYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN
Plan identification number 002

EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. 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
  • 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.
  • 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

EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. has sponsored the creation of one or more 401k plans.

Company Name:EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC.
Employer identification number (EIN):952784805
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 PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01GARY BERMAN2023-03-27 GARY M. JACOBS, M.D.2023-03-27
0022021-01-01GARY BERMAN2022-03-01 GARY M. JACOBS, M.D.2022-03-01
0022020-01-01GARY BERMAN2021-02-15 GARY M. JACOBS, M.D.2021-02-15
0022019-01-01GARY BERMAN2020-03-02 GARY M. JACOBS, M.D.2020-03-02
0022018-01-01GARY BERMAN2019-07-01 GARY M. JACOBS, M.D.2019-07-01
0022017-01-01GARY BERMAN2018-04-16 GARY M. JACOBS, M.D.2018-04-16
0022016-01-01DR. GARY JACOBS
0022015-01-01B. SCHER
0022014-01-01
0022013-01-01
0022012-01-01B. SCHER B. SCHER2013-02-19
0022011-01-01B. SCHER B. SCHER2012-03-26
0022009-01-01B.M. SCHER B.M. SCHER2010-05-26

Plan Statistics for EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN

401k plan membership statisitcs for EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN

Measure Date Value
2016: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2016 401k membership
Total participants, beginning-of-year2016-01-0116
Total number of active participants reported on line 7a of the Form 55002016-01-0112
Number of retired or separated participants receiving benefits2016-01-010
Number of other retired or separated participants entitled to future benefits2016-01-014
Total of all active and inactive participants2016-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-01-010
Total participants2016-01-0116
Number of participants with account balances2016-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-01-010
2015: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2015 401k membership
Total participants, beginning-of-year2015-01-0116
Total number of active participants reported on line 7a of the Form 55002015-01-0116
Number of retired or separated participants receiving benefits2015-01-010
Number of other retired or separated participants entitled to future benefits2015-01-010
Total of all active and inactive participants2015-01-0116
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2015-01-010
Total participants2015-01-0116
Number of participants with account balances2015-01-0116
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2015-01-010
2014: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2014 401k membership
Total participants, beginning-of-year2014-01-0115
Total number of active participants reported on line 7a of the Form 55002014-01-0115
Number of retired or separated participants receiving benefits2014-01-010
Number of other retired or separated participants entitled to future benefits2014-01-010
Total of all active and inactive participants2014-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2014-01-010
Total participants2014-01-0115
Number of participants with account balances2014-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2014-01-010
2013: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2013 401k membership
Total participants, beginning-of-year2013-01-0115
Total number of active participants reported on line 7a of the Form 55002013-01-0115
Number of retired or separated participants receiving benefits2013-01-010
Number of other retired or separated participants entitled to future benefits2013-01-010
Total of all active and inactive participants2013-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2013-01-010
Total participants2013-01-0115
Number of participants with account balances2013-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2013-01-010
2012: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2012 401k membership
Total participants, beginning-of-year2012-01-0114
Total number of active participants reported on line 7a of the Form 55002012-01-0115
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-0115
Number of participants with account balances2012-01-0115
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010
2011: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2011 401k membership
Total participants, beginning-of-year2011-01-0114
Total number of active participants reported on line 7a of the Form 55002011-01-0114
Number of retired or separated participants receiving benefits2011-01-010
Number of other retired or separated participants entitled to future benefits2011-01-010
Total of all active and inactive participants2011-01-0114
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2011-01-010
Total participants2011-01-0114
Number of participants with account balances2011-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2011-01-010
2009: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2009 401k membership
Total participants, beginning-of-year2009-01-0114
Total number of active participants reported on line 7a of the Form 55002009-01-0114
Number of retired or separated participants receiving benefits2009-01-010
Number of other retired or separated participants entitled to future benefits2009-01-011
Total of all active and inactive participants2009-01-0115
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2009-01-010
Total participants2009-01-0115
Number of participants with account balances2009-01-0114
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2009-01-010

Financial Data on EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN

Measure Date Value
2016 : EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2016 401k financial data
Total plan liabilities at end of year2016-12-31$0
Total plan liabilities at beginning of year2016-12-31$0
Total income from all sources2016-12-31$397,422
Expenses. Total of all expenses incurred2016-12-31$4,407,956
Benefits paid (including direct rollovers)2016-12-31$4,407,788
Total plan assets at end of year2016-12-31$3,071,616
Total plan assets at beginning of year2016-12-31$7,082,150
Value of fidelity bond covering the plan2016-12-31$500,000
Total contributions received or receivable from participants2016-12-31$0
Assets. Value of loans (other than to participants)2016-12-31$0
Expenses. Other expenses not covered elsewhere2016-12-31$0
Contributions received from other sources (not participants or employers)2016-12-31$0
Other income received2016-12-31$226,449
Noncash contributions received2016-12-31$0
Net income (gross income less expenses)2016-12-31$-4,010,534
Net plan assets at end of year (total assets less liabilities)2016-12-31$3,071,616
Net plan assets at beginning of year (total assets less liabilities)2016-12-31$7,082,150
Total contributions received or receivable from employer(s)2016-12-31$170,973
Value of certain deemed distributions of participant loans2016-12-31$0
Value of corrective distributions2016-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2016-12-31$168
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
2015 : EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2015 401k financial data
Total plan liabilities at end of year2015-12-31$0
Total plan liabilities at beginning of year2015-12-31$0
Total income from all sources2015-12-31$-1,866
Expenses. Total of all expenses incurred2015-12-31$33
Benefits paid (including direct rollovers)2015-12-31$0
Total plan assets at end of year2015-12-31$7,082,150
Total plan assets at beginning of year2015-12-31$7,084,049
Value of fidelity bond covering the plan2015-12-31$500,000
Total contributions received or receivable from participants2015-12-31$0
Assets. Value of loans (other than to participants)2015-12-31$56,918
Expenses. Other expenses not covered elsewhere2015-12-31$0
Contributions received from other sources (not participants or employers)2015-12-31$0
Other income received2015-12-31$-181,103
Noncash contributions received2015-12-31$0
Net income (gross income less expenses)2015-12-31$-1,899
Net plan assets at end of year (total assets less liabilities)2015-12-31$7,082,150
Net plan assets at beginning of year (total assets less liabilities)2015-12-31$7,084,049
Total contributions received or receivable from employer(s)2015-12-31$179,237
Value of certain deemed distributions of participant loans2015-12-31$0
Value of corrective distributions2015-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2015-12-31$33
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-12-31$0
2014 : EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2014 401k financial data
Transfers to/from the plan2014-12-31$0
Total plan liabilities at end of year2014-12-31$0
Total plan liabilities at beginning of year2014-12-31$0
Total income from all sources2014-12-31$649,508
Expenses. Total of all expenses incurred2014-12-31$248,897
Benefits paid (including direct rollovers)2014-12-31$248,897
Total plan assets at end of year2014-12-31$7,084,049
Total plan assets at beginning of year2014-12-31$6,683,438
Value of fidelity bond covering the plan2014-12-31$500,000
Total contributions received or receivable from participants2014-12-31$0
Assets. Value of loans (other than to participants)2014-12-31$61,992
Expenses. Other expenses not covered elsewhere2014-12-31$0
Contributions received from other sources (not participants or employers)2014-12-31$0
Other income received2014-12-31$484,408
Noncash contributions received2014-12-31$0
Net income (gross income less expenses)2014-12-31$400,611
Net plan assets at end of year (total assets less liabilities)2014-12-31$7,084,049
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$6,683,438
Total contributions received or receivable from employer(s)2014-12-31$165,100
Value of certain deemed distributions of participant loans2014-12-31$0
Value of corrective distributions2014-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$0
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-12-31$0
2013 : EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2013 401k financial data
Transfers to/from the plan2013-12-31$0
Total plan liabilities at end of year2013-12-31$0
Total plan liabilities at beginning of year2013-12-31$0
Total income from all sources2013-12-31$1,070,068
Expenses. Total of all expenses incurred2013-12-31$8,534
Benefits paid (including direct rollovers)2013-12-31$8,534
Total plan assets at end of year2013-12-31$6,683,438
Total plan assets at beginning of year2013-12-31$5,621,904
Value of fidelity bond covering the plan2013-12-31$500,000
Total contributions received or receivable from participants2013-12-31$0
Assets. Value of loans (other than to participants)2013-12-31$75,325
Expenses. Other expenses not covered elsewhere2013-12-31$0
Contributions received from other sources (not participants or employers)2013-12-31$0
Other income received2013-12-31$915,830
Noncash contributions received2013-12-31$0
Net income (gross income less expenses)2013-12-31$1,061,534
Net plan assets at end of year (total assets less liabilities)2013-12-31$6,683,438
Net plan assets at beginning of year (total assets less liabilities)2013-12-31$5,621,904
Total contributions received or receivable from employer(s)2013-12-31$154,238
Value of certain deemed distributions of participant loans2013-12-31$0
Value of corrective distributions2013-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2013-12-31$0
2012 : EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$492,295
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$5,622,312
Total plan assets at beginning of year2012-12-31$5,130,017
Value of fidelity bond covering the plan2012-12-31$500,000
Total contributions received or receivable from participants2012-12-31$0
Assets. Value of loans (other than to participants)2012-12-31$87,394
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$331,001
Noncash contributions received2012-12-31$0
Net income (gross income less expenses)2012-12-31$492,295
Net plan assets at end of year (total assets less liabilities)2012-12-31$5,622,312
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$5,130,017
Total contributions received or receivable from employer(s)2012-12-31$161,294
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0
2011 : EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2011 401k financial data
Transfers to/from the plan2011-12-31$0
Total plan liabilities at end of year2011-12-31$0
Total plan liabilities at beginning of year2011-12-31$0
Total income from all sources2011-12-31$70,621
Expenses. Total of all expenses incurred2011-12-31$0
Benefits paid (including direct rollovers)2011-12-31$0
Total plan assets at end of year2011-12-31$5,130,017
Total plan assets at beginning of year2011-12-31$5,059,396
Value of fidelity bond covering the plan2011-12-31$500,000
Total contributions received or receivable from participants2011-12-31$0
Assets. Value of loans (other than to participants)2011-12-31$98,320
Expenses. Other expenses not covered elsewhere2011-12-31$0
Contributions received from other sources (not participants or employers)2011-12-31$0
Other income received2011-12-31$-65,257
Noncash contributions received2011-12-31$0
Net income (gross income less expenses)2011-12-31$70,621
Net plan assets at end of year (total assets less liabilities)2011-12-31$5,130,017
Net plan assets at beginning of year (total assets less liabilities)2011-12-31$5,059,396
Total contributions received or receivable from employer(s)2011-12-31$135,878
Value of certain deemed distributions of participant loans2011-12-31$0
Value of corrective distributions2011-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2011-12-31$0
2010 : EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2010 401k financial data
Transfers to/from the plan2010-12-31$0
Total plan liabilities at end of year2010-12-31$0
Total plan liabilities at beginning of year2010-12-31$0
Total income from all sources2010-12-31$634,071
Expenses. Total of all expenses incurred2010-12-31$236
Benefits paid (including direct rollovers)2010-12-31$236
Total plan assets at end of year2010-12-31$5,059,396
Total plan assets at beginning of year2010-12-31$4,425,561
Value of fidelity bond covering the plan2010-12-31$500,000
Assets. Value of loans (other than to participants)2010-12-31$316,537
Other income received2010-12-31$499,369
Net income (gross income less expenses)2010-12-31$633,835
Net plan assets at end of year (total assets less liabilities)2010-12-31$5,059,396
Net plan assets at beginning of year (total assets less liabilities)2010-12-31$4,425,561
Total contributions received or receivable from employer(s)2010-12-31$134,702

Form 5500 Responses for EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN

2016: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2016 form 5500 responses
2016-01-01Type of plan entitySingle employer plan
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo
2016-01-01Plan funding arrangement – TrustYes
2016-01-01Plan benefit arrangement - TrustYes
2015: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2015 form 5500 responses
2015-01-01Type of plan entitySingle employer plan
2015-01-01Submission has been amendedNo
2015-01-01This submission is the final filingNo
2015-01-01This return/report is a short plan year return/report (less than 12 months)No
2015-01-01Plan is a collectively bargained planNo
2015-01-01Plan funding arrangement – TrustYes
2015-01-01Plan benefit arrangement - TrustYes
2014: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement - TrustYes
2013: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2013 form 5500 responses
2013-01-01Type of plan entitySingle employer plan
2013-01-01Submission has been amendedNo
2013-01-01This submission is the final filingNo
2013-01-01This return/report is a short plan year return/report (less than 12 months)No
2013-01-01Plan is a collectively bargained planNo
2013-01-01Plan funding arrangement – TrustYes
2013-01-01Plan benefit arrangement - TrustYes
2012: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01Submission has been amendedYes
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes
2011: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2011 form 5500 responses
2011-01-01Type of plan entitySingle employer plan
2011-01-01Submission has been amendedNo
2011-01-01This submission is the final filingNo
2011-01-01This return/report is a short plan year return/report (less than 12 months)No
2011-01-01Plan is a collectively bargained planNo
2011-01-01Plan funding arrangement – TrustYes
2011-01-01Plan benefit arrangement - TrustYes
2009: EYE PHYSICIANS MEDICAL/SURGICAL CENTER, INC. PROFIT SHARING PLAN 2009 form 5500 responses
2009-01-01Type of plan entitySingle employer plan
2009-01-01Submission has been amendedNo
2009-01-01This submission is the final filingNo
2009-01-01This return/report is a short plan year return/report (less than 12 months)No
2009-01-01Plan is a collectively bargained planNo
2009-01-01Plan funding arrangement – TrustYes
2009-01-01Plan benefit arrangement - TrustYes

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