Plan Snapshot
- Plan Sponsor: Ophthalmic Consultants Of Boston, INC.
- Sponsor EIN: 042500346
- Sponsor Address: 50 STANIFORD STREET, SUITE 600, BOSTON, MA, 02114
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 541
- Total Assets: $116.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 541 | $116.6M | $2.6M | $3.2M |
| 2023 | 516 | $106.3M | $2.2M | $3.4M |
| 2022 | 563 | $92.9M | $1.7M | $3.5M |
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 |
|---|---|---|---|---|
| ICAPITAL ELITE | Other Service Provider | $113,353 | — | $113,353 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $79,196 | — | $79,196 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $192,549
- Estimated Expense Ratio: 0.165% 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 | $192,549 | — | — | — | — |
| 2023 | $184,176 | — | — | — | — |
| 2022 | $192,045 | — | — | — | — |