# L.O. Eye Care 401(k) Plan
Source: https://planprovider.pro/companies/l-o-eye-care-401k-plan

> L.O. Eye Care's 401(k) plan: 195 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** L.O. Eye Care

- **Sponsor EIN:** 381818892

- **Sponsor Address:** 2001 COOLIDGE ROAD, EAST LANSING, MI, 48823

- **Plan Type:** 401(k)

- **Total Participants:** 195

- **Total Assets:** $26.7M

## 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|195|$26.7M|$608,431|$756,796|

| 2023|198|$32.4M|$540,099|$812,095|

| 2022|262|$28.3M|$539,129|$757,211|

## 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|

| RINGO & ASSOC PC|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### 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|$58,081|—|—|—|—|

| 2023|$61,578|—|—|—|—|

| 2022|$63,045|—|—|—|$30,300|

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