Plan Snapshot
- Plan Sponsor: Eye Physicians And Surgeons Of Augusta, P.C.
- Sponsor EIN: 582425038
- Sponsor Address: 1330 INTERSTATE PKWY, AUGUSTA, GA, 30909
- Plan Type: 401(k)
- Total Participants: 106
- Total Assets: $8.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 106 | $8.2M | $329,413 | $415,243 |
| 2023 | 108 | $10.2M | $351,642 | $438,418 |
| 2022 | 113 | $8.9M | $335,849 | $421,202 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $48,300 | — | $48,300 |
| FIRST CITIZENS BANK AND TRUST COMPA | Investment Advisor | $20,000 | — | $20,000 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $2,200 | $8,925 | $11,125 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,425
- Estimated Expense Ratio: 0.966% 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 | $73,350 | $22,850 | $2,200 | — | — |
| 2023 | $58,456 | — | $58,456 | — | — |
| 2022 | $101,607 | $101,607 | — | — | — |