Plan Snapshot
- Plan Sponsor: Pinnacle Eye Care, INC. D/B/A Vision First
- Sponsor EIN: 752993005
- Sponsor Address: 4000 POPLAR LEVEL ROAD, LOUISVILLE, KY, 40213
- Plan Type: 401(k)
- Total Participants: 203
- Total Assets: $8.3M
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 | 203 | $8.3M | $0 | $499,629 |
| 2023 | 186 | $7.4M | $0 | $442,104 |
| 2022 | 183 | $7.2M | $0 | $400,118 |
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 COMP OF A | Recordkeeper | $38,900 | — | $38,900 |
| MORGAN STANLEY SMITH BARNEY LLC | Investment Advisor | — | $22,598 | $22,598 |
| RETIREMENT MANAGEMENT SERVICES, LLC | Other Service Provider | $2,700 | $3,911 | $6,611 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $68,109
- Estimated Expense Ratio: 0.822% 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 | $37,243 | — | — | — | — |
| 2023 | $33,393 | — | — | — | — |
| 2022 | $14,498 | — | — | — | — |