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EYESIGHT HOLDING CO., LLC 401(K) PLAN 401k Plan overview

Plan NameEYESIGHT HOLDING CO., LLC 401(K) PLAN
Plan identification number 001

EYESIGHT HOLDING CO., LLC 401(K) 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

EYESIGHT HOLDING CO., LLC has sponsored the creation of one or more 401k plans.

Company Name:EYESIGHT HOLDING CO., LLC
Employer identification number (EIN):832511512
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan EYESIGHT HOLDING CO., LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012022-01-01
0012021-01-01
0012020-01-01
0012020-01-01
0012019-01-01
0012019-01-01

Plan Statistics for EYESIGHT HOLDING CO., LLC 401(K) PLAN

401k plan membership statisitcs for EYESIGHT HOLDING CO., LLC 401(K) PLAN

Measure Date Value
2022: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01979
Total number of active participants reported on line 7a of the Form 55002022-01-01612
Number of retired or separated participants receiving benefits2022-01-018
Number of other retired or separated participants entitled to future benefits2022-01-01209
Total of all active and inactive participants2022-01-01829
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01829
Number of participants with account balances2022-01-01651
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-0167
2021: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01837
Total number of active participants reported on line 7a of the Form 55002021-01-01492
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-01255
Total of all active and inactive participants2021-01-01747
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01747
Number of participants with account balances2021-01-01644
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-0174
2020: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01602
Total number of active participants reported on line 7a of the Form 55002020-01-01460
Number of retired or separated participants receiving benefits2020-01-011
Number of other retired or separated participants entitled to future benefits2020-01-01154
Total of all active and inactive participants2020-01-01615
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01615
Number of participants with account balances2020-01-01465
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-0124
2019: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01344
Total number of active participants reported on line 7a of the Form 55002019-01-01393
Number of retired or separated participants receiving benefits2019-01-011
Number of other retired or separated participants entitled to future benefits2019-01-0179
Total of all active and inactive participants2019-01-01473
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01473
Number of participants with account balances2019-01-01327
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-0127

Financial Data on EYESIGHT HOLDING CO., LLC 401(K) PLAN

Measure Date Value
2022 : EYESIGHT HOLDING CO., LLC 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$1,534,750
Total of all expenses incurred2022-12-31$838,839
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$694,199
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$2,660,171
Value of total assets at end of year2022-12-31$7,036,655
Value of total assets at beginning of year2022-12-31$6,340,744
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$144,640
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Administrative expenses professional fees incurred2022-12-31$13,905
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$500,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$784,896
Participant contributions at end of year2022-12-31$32,131
Participant contributions at beginning of year2022-12-31$25,186
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$48,850
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$695,911
Value of net assets at end of year (total assets less liabilities)2022-12-31$7,036,655
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$6,340,744
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$73,723
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$6,933,693
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$6,254,758
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2022-12-31$54,956
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2022-12-31$48,794
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-1,125,421
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31Yes
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,826,425
Employer contributions (assets) at end of year2022-12-31$15,875
Employer contributions (assets) at beginning of year2022-12-31$12,006
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$694,199
Contract administrator fees2022-12-31$57,012
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31WEAVER & TIDWELL LLP
Accountancy firm EIN2022-12-31750178631
2021 : EYESIGHT HOLDING CO., LLC 401(K) PLAN 2021 401k financial data
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$967
Total income from all sources (including contributions)2021-12-31$2,825,277
Total of all expenses incurred2021-12-31$394,294
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$290,561
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$2,133,980
Value of total assets at end of year2021-12-31$6,340,744
Value of total assets at beginning of year2021-12-31$3,910,728
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$103,733
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$500,000
If this is an individual account plan, was there a blackout period2021-12-31No
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$1,499,675
Participant contributions at end of year2021-12-31$25,186
Participant contributions at beginning of year2021-12-31$17,800
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$967
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$2,430,983
Value of net assets at end of year (total assets less liabilities)2021-12-31$6,340,744
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$3,909,761
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$6,254,758
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$3,859,722
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2021-12-31$48,794
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2021-12-31$25,016
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$691,297
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31Yes
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$634,305
Employer contributions (assets) at end of year2021-12-31$12,006
Employer contributions (assets) at beginning of year2021-12-31$8,190
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$290,561
Contract administrator fees2021-12-31$103,733
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31WEAVER & TIDWELL LLP
Accountancy firm EIN2021-12-31750178631
2020 : EYESIGHT HOLDING CO., LLC 401(K) PLAN 2020 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$967
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$592
Total income from all sources (including contributions)2020-12-31$2,143,974
Total of all expenses incurred2020-12-31$235,046
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$183,441
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$1,608,010
Value of total assets at end of year2020-12-31$3,910,728
Value of total assets at beginning of year2020-12-31$2,001,425
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$51,605
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$500,000
If this is an individual account plan, was there a blackout period2020-12-31No
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$1,035,817
Participant contributions at end of year2020-12-31$17,800
Participant contributions at beginning of year2020-12-31$41,008
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$119,859
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$967
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$592
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$1,908,928
Value of net assets at end of year (total assets less liabilities)2020-12-31$3,909,761
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$2,000,833
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$37,074
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$3,859,722
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$1,939,901
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2020-12-31$25,016
Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year2020-12-31$3,294
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$535,964
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31Yes
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$452,334
Employer contributions (assets) at end of year2020-12-31$8,190
Employer contributions (assets) at beginning of year2020-12-31$17,222
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$183,441
Contract administrator fees2020-12-31$14,531
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31WEAVER & TIDWELL LLP
Accountancy firm EIN2020-12-31750178631
2019 : EYESIGHT HOLDING CO., LLC 401(K) PLAN 2019 401k financial data
Total transfer of assets to this plan2019-12-31$408,690
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$592
Total income from all sources (including contributions)2019-12-31$1,631,218
Total of all expenses incurred2019-12-31$39,075
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$15,748
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$1,419,820
Value of total assets at end of year2019-12-31$2,001,425
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$23,327
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Was this plan covered by a fidelity bond2019-12-31No
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$792,028
Participant contributions at end of year2019-12-31$41,008
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$271,776
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2019-12-31$592
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$1,592,143
Value of net assets at end of year (total assets less liabilities)2019-12-31$2,000,833
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$16,730
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$1,939,901
Value of funds held in insurance company general accounts (unallocated contracts) at end of year2019-12-31$3,294
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$211,398
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31Yes
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$356,016
Employer contributions (assets) at end of year2019-12-31$17,222
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$15,748
Contract administrator fees2019-12-31$6,597
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31WEAVER & TIDWELL LLP
Accountancy firm EIN2019-12-31750178631

Form 5500 Responses for EYESIGHT HOLDING CO., LLC 401(K) PLAN

2022: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedYes
2022-01-01Plan funding arrangement – InsuranceYes
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – InsuranceYes
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedYes
2020-01-01Plan funding arrangement – InsuranceYes
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: EYESIGHT HOLDING CO., LLC 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01First time form 5500 has been submittedYes
2019-01-01Submission has been amendedYes
2019-01-01Plan funding arrangement – InsuranceYes
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number871-80513
Policy instance 1
Insurance contract or identification number871-80513
Number of Individuals Covered651
Insurance policy start date2022-01-01
Insurance policy end date2022-12-31
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number871-80513
Policy instance 1
Insurance contract or identification number871-80513
Number of Individuals Covered644
Insurance policy start date2021-01-01
Insurance policy end date2021-12-31
Total amount of commissions paid to insurance brokerUSD $38
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $38
Insurance broker organization code?3
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number871-80513
Policy instance 1
Insurance contract or identification number871-80513
Number of Individuals Covered465
Insurance policy start date2020-01-01
Insurance policy end date2020-12-31
Total amount of commissions paid to insurance brokerUSD $66
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $66
Insurance broker organization code?3
NATIONWIDE LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 66869 )
Policy contract number871-80513
Policy instance 1
Insurance contract or identification number871-80513
Number of Individuals Covered327
Insurance policy start date2019-01-01
Insurance policy end date2019-12-31
Total amount of commissions paid to insurance brokerUSD $9
Are there contracts with unallocated funds for contracts of type guaranteed investment?Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?No
Commission paid to Insurance BrokerUSD $7
Insurance broker organization code?3

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