Plan Snapshot
- Plan Sponsor: Ophthalmology Specialists Of Texas, PLLC
- Sponsor EIN: 450466456
- Sponsor Address: 5441 HEALTH CENTER DRIVE, ABILENE, TX, 79606
- Plan Type: 401(k)
- Total Participants: 116
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2024 | 116 | $11.7M | $594,928 | $337,608 |
| 2023 | 115 | $9.6M | $506,519 | $299,021 |
| 2022 | 101 | $7.6M | $461,749 | $268,286 |
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 |
|---|---|---|---|---|
| SWAIM ACCOUNTING SERVICES, INC. | 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 | $74,514 | $30,115 | $44,399 | — | — |
| 2023 | $60,190 | — | $33,181 | — | — |
| 2022 | $55,890 | $21,332 | $34,558 | — | — |