Plan Snapshot
- Plan Sponsor: Florida Eye Clinic, P.A.
- Sponsor EIN: 591493386
- Sponsor Address: 160 BOSTON AVENUE, ALTAMONTE SPRINGS, FL, 32701
- Plan Type: 401(k)
- Total Participants: 223
- Total Assets: $10.7M
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 | 223 | $10.7M | $201,759 | $953,874 |
| 2023 | 218 | $8.7M | $175,389 | $828,092 |
| 2022 | 208 | $7.3M | $142,349 | $668,080 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $30,499 | — | $30,499 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $59 | $24,671 | $24,730 |
| MCDIRMIT DAVIS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- MCDIRMIT DAVIS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,229
- Estimated Expense Ratio: 0.515% 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 | $30,558 | $59 | — | — | — |
| 2023 | $25,004 | — | — | — | — |
| 2022 | $24,490 | — | — | — | — |