401k Plan data: VISIONPOINT EYE CENTER PROFIT SHARING PLAN plan

VISIONPOINT EYE CENTER PROFIT SHARING PLAN 401k Plan overview

Plan Name	VISIONPOINT EYE CENTER PROFIT SHARING PLAN
Plan identification number	001

VISIONPOINT EYE CENTER PROFIT SHARING PLAN Benefits

401k Plan Type

Defined 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.
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.

401k Sponsoring company profile

VISIONPOINT EYE CENTER, PLLC has sponsored the creation of one or more 401k plans.

Company Name: VISIONPOINT EYE CENTER, PLLC

Employer identification number (EIN): 831485877

NAIC Classification: 621320
NAIC Description: Offices of Optometrists

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VISIONPOINT EYE CENTER PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 SCOTT PINTER 2023-09-26 SCOTT PINTER 2023-09-26
001 2021-01-01
001 2020-01-01 SCOTT M PINTER 2021-07-20 SCOTT M PINTER 2021-07-20
001 2019-07-01 SCOTT M PINTER 2020-08-19 SCOTT M PINTER 2020-08-19

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
001	2022-01-01	SCOTT PINTER	2023-09-26	SCOTT PINTER	2023-09-26
001	2021-01-01
001	2020-01-01	SCOTT M PINTER	2021-07-20	SCOTT M PINTER	2021-07-20
001	2019-07-01	SCOTT M PINTER	2020-08-19	SCOTT M PINTER	2020-08-19

Plan Statistics for VISIONPOINT EYE CENTER PROFIT SHARING PLAN

401k plan membership statisitcs for VISIONPOINT EYE CENTER PROFIT SHARING PLAN

Measure Date Value
2022: VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 134
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 115
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 28
Total of all active and inactive participants 2022-01-01 143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 143
Number of participants with account balances 2022-01-01 143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 9
2021: VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 126
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 105
Number of other retired or separated participants entitled to future benefits 2021-01-01 29
Total of all active and inactive participants 2021-01-01 134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 134
Number of participants with account balances 2021-01-01 134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 19

Measure	Date	Value
2022: VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	134
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	115
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	28
Total of all active and inactive participants	2022-01-01	143
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	143
Number of participants with account balances	2022-01-01	143
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	9
2021: VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	126
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	105
Number of other retired or separated participants entitled to future benefits	2021-01-01	29
Total of all active and inactive participants	2021-01-01	134
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	134
Number of participants with account balances	2021-01-01	134
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	19

Financial Data on VISIONPOINT EYE CENTER PROFIT SHARING PLAN

Measure	Date	Value
2022 : VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$209
Total income from all sources (including contributions)	2022-12-31	$-813,113
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$350,124
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$282,073
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$972,970
Value of total assets at end of year	2022-12-31	$13,875,843
Value of total assets at beginning of year	2022-12-31	$15,039,289
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$68,051
Total interest from all sources	2022-12-31	$695
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$153,767
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$153,767
Administrative expenses professional fees incurred	2022-12-31	$18,156
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$463,270
Participant contributions at end of year	2022-12-31	$9,517
Participant contributions at beginning of year	2022-12-31	$15,307
Assets. Other investments not covered elsewhere at end of year	2022-12-31	$7,353,292
Assets. Other investments not covered elsewhere at beginning of year	2022-12-31	$7,774,898
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$1,994
Other income not declared elsewhere	2022-12-31	$-801,255
Administrative expenses (other) incurred	2022-12-31	$26,280
Liabilities. Value of operating payables at end of year	2022-12-31	$0
Liabilities. Value of operating payables at beginning of year	2022-12-31	$209
Total non interest bearing cash at end of year	2022-12-31	$6,980
Total non interest bearing cash at beginning of year	2022-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-1,163,237
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$13,875,843
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$15,039,080
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$23,615
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$5,712,680
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$6,411,972
Value of interest in common/collective trusts at end of year	2022-12-31	$379,105
Value of interest in common/collective trusts at beginning of year	2022-12-31	$379,049
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$43,058
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$37,623
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$37,623
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$695
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-1,144,837
Net investment gain or loss from common/collective trusts	2022-12-31	$5,547
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$507,706
Employer contributions (assets) at end of year	2022-12-31	$371,211
Employer contributions (assets) at beginning of year	2022-12-31	$420,440
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$282,073
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	CLIFTONLARSENALLEN LLP
Accountancy firm EIN	2022-12-31	410746749
2021 : VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$209
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$3,569,304
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$450,318
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$383,432
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$1,271,287
Value of total assets at end of year	2021-12-31	$15,039,289
Value of total assets at beginning of year	2021-12-31	$11,920,094
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$66,886
Total interest from all sources	2021-12-31	$16
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$340,571
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$340,571
Administrative expenses professional fees incurred	2021-12-31	$15,378
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$441,856
Participant contributions at end of year	2021-12-31	$15,307
Participant contributions at beginning of year	2021-12-31	$13,592
Assets. Other investments not covered elsewhere at end of year	2021-12-31	$7,774,898
Assets. Other investments not covered elsewhere at beginning of year	2021-12-31	$6,394,254
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$358,947
Other income not declared elsewhere	2021-12-31	$1,292,380
Administrative expenses (other) incurred	2021-12-31	$25,945
Liabilities. Value of operating payables at end of year	2021-12-31	$209
Total non interest bearing cash at beginning of year	2021-12-31	$103,500
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$3,118,986
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$15,039,080
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$11,920,094
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$25,563
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$6,411,972
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$4,982,558
Value of interest in common/collective trusts at end of year	2021-12-31	$379,049
Value of interest in common/collective trusts at beginning of year	2021-12-31	$49,871
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$37,623
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$38,197
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$38,197
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$16
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$660,547
Net investment gain or loss from common/collective trusts	2021-12-31	$4,503
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$470,484
Employer contributions (assets) at end of year	2021-12-31	$420,440
Employer contributions (assets) at beginning of year	2021-12-31	$338,122
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$383,432
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	CLIFTONLARSENALLEN LLP
Accountancy firm EIN	2021-12-31	410746749

Form 5500 Responses for VISIONPOINT EYE CENTER PROFIT SHARING PLAN

2022: VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: VISIONPOINT EYE CENTER PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	VISIONPOINT EYE CENTER, PLLC
Employer identification number (EIN):	831485877
NAIC Classification:	621320
NAIC Description:	Offices of Optometrists