Plan Snapshot
- Plan Sponsor: Eye Centers Of America, LLC
- Sponsor EIN: 273654710
- Sponsor Address: 1255 BROAD ST., SUITE 104, BLOOMFIELD, NJ, 07003
- Plan Type: 401(k)
- Total Participants: 363
- Total Assets: $15.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 363 | $15.1M | $0 | $1.7M |
| 2023 | 375 | $12.2M | $0 | $1.4M |
| 2022 | 329 | $9.0M | $7 | $1.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SFI ADVISORS, LLC | INVESTMENT/FINANCIAL ADVI | $53,328 | — | $53,328 |
| TRANSAMERICA RETIREMENT SOLUTIONS | RECORD KEEPER | $26,468 | — | $26,468 |
| GELTRUDE & CO, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — RECORD KEEPER
- GELTRUDE & CO, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,796
- Estimated Expense Ratio: 0.527% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $79,796 | $53,328 | — | — | — |
| 2023 | $57,307 | $38,163 | — | — | — |
| 2022 | $22,725 | $17,105 | — | — | — |