Plan Snapshot
- Plan Sponsor: Retina Group, INC. Dba Retina Consultants Of America
- Sponsor EIN: 843983059
- Sponsor Address: 601 STATE STREET, SUITE 325, SOUTHLAKE, TX, 76092
- Plan Type: 401(k)
- Total Participants: 4,799
- Total Assets: $353.2M
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 | 4,799 | $353.2M | $14.0M | $17.2M |
| 2023 | 3,593 | $235.8M | $9.3M | $12.4M |
| 2022 | 2,573 | $112.4M | $3.5M | $5.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $413,022 | — | $413,022 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $41,321 | — | $41,321 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $454,343
- Estimated Expense Ratio: 0.129% 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 | $452,501 | $41,321 | $300 | — | — |
| 2023 | $388,390 | $21,354 | — | — | — |
| 2022 | $148,887 | $7,738 | — | — | — |