Plan Snapshot
- Plan Sponsor: Eye Surgeons Of Richmond, INC.
- Sponsor EIN: 541119248
- Sponsor Address: 400 WESTHAMPTON STATION, RICHMOND, VA, 23226
- Plan Type: 401(k)
- Total Participants: 335
- Total Assets: $68.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 335 | $68.8M | $2.2M | $1.8M |
| 2023 | 308 | $65.3M | $2.1M | $1.8M |
| 2022 | 293 | $55.9M | $2.0M | $1.6M |
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 |
|---|---|---|---|---|
| HARRIS, HARDY & JOHNSTONE, PC | Auditor | $17,700 | — | $17,700 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,700
- Estimated Expense Ratio: 0.026% 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 | $231,494 | $110,772 | — | $17,700 | — |
| 2023 | $205,338 | $97,729 | — | $16,400 | — |
| 2022 | $200,621 | $97,500 | — | — | $15,600 |