Plan Snapshot
- Plan Sponsor: Mann Eye Center, PA
- Sponsor EIN: 470914928
- Sponsor Address: 2316 TIMBER SHADOWS DRIVE SUITE 208, KINGWOOD, TX, 77339
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 488
- Total Assets: $31.8M
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. |
|---|---|---|---|---|
| 2025 | 488 | $31.8M | $0 | $0 |
| 2024 | 408 | $26.0M | $680,374 | $1.8M |
| 2023 | 374 | $21.5M | $613,267 | $1.5M |
| 2022 | 349 | $17.4M | $516,527 | $1.3M |
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 | $59,977 | — | $59,977 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $32,103 | — | $32,103 |
| MANN EYE CENTER PA | Other Service Provider | $10,750 | — | $10,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,830
- Estimated Expense Ratio: 0.323% 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 |
|---|---|---|---|---|---|
| 2025 | $1,496,533 | $32,774 | — | — | — |
| 2024 | $122,224 | $28,276 | — | — | — |
| 2023 | $81,563 | $22,456 | — | — | — |
| 2022 | $103,774 | $83,526 | $20,248 | — | — |