Plan Snapshot
- Plan Sponsor: Hea Clinic, P.A. Dba Houston Eye Associates
- Sponsor EIN: 760512625
- Sponsor Address: 2855 GRAMERCY ST., HOUSTON, TX, 77025
- Plan Type: 401(k)
- Total Participants: 511
- Total Assets: $66.5M
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 | 511 | $66.5M | $2.7M | $2.5M |
| 2023 | 535 | $61.7M | $2.6M | $2.2M |
| 2022 | 604 | $55.5M | $2.6M | $1.9M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, IMC. | Recordkeeper | $83,065 | — | $83,065 |
| PINNACLE PLAN DESIGN, LLC | Recordkeeper | $72,531 | — | $72,531 |
| HOUSTON EYE | Other Service Provider | $47,851 | — | $47,851 |
| WEINSTEIN SPIRA | Auditor | $24,000 | — | $24,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $227,447
- Estimated Expense Ratio: 0.342% 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 | $227,336 | — | $227,336 | — | — |
| 2023 | $45,251 | — | $45,251 | — | — |
| 2022 | $140,310 | — | — | — | — |