Plan Snapshot
- Plan Sponsor: Ophthalmic Consultants Of Boston, INC.
- Sponsor EIN: 042500346
- Sponsor Address: 195 WEST STREET, WALTHAM, MA, 02451
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 647
- Total Assets: $5.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 647 | $5.5M | $8.6M | $1.9M |
| 2023 | 0 | $0 | $0 | $0 |
| 2022 | 752 | $4.8M | $8.8M | $1.7M |
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 |
|---|---|---|---|---|
| AAFCPAS, INC. | Auditor | $26,444 | — | $26,444 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,444
- Estimated Expense Ratio: 0.478% 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 | $606,364 | — | $560,029 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | $505,663 | — | $481,732 | — | $18,446 |