Plan Snapshot
- Plan Sponsor: Ocala Eye, P.A.
- Sponsor EIN: 591363248
- Sponsor Address: 1500 SE MAGNOLIA EXTENSION, OCALA, FL, 34471
- Plan Type: DC
- Total Participants: 174
- Total Assets: $27.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 174 | $27.8M | $822,966 | $841,813 |
| 2023 | 181 | $24.3M | $971,453 | $724,404 |
| 2022 | 159 | $24.4M | $915,139 | $625,300 |
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 |
|---|---|---|---|---|
| WELLS FARGO BANK | Other Service Provider | $88,264 | — | $88,264 |
| PERSONAL FINANCIAL PROFILES IN | Other Service Provider | $75,289 | — | $75,289 |
| PURVIS GRAY AND COMPANY LLP | Other Service Provider | $11,400 | — | $11,400 |
| SCHWAB RETIREMENT PLAN SERVICES,INC | Recordkeeper | $6,586 | — | $6,586 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,539
- Estimated Expense Ratio: 0.653% 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 | $181,539 | $163,553 | — | $11,400 | — |
| 2023 | $166,139 | $149,226 | $10,400 | — | — |
| 2022 | $168,213 | $161,046 | — | — | — |