Plan Snapshot
- Plan Sponsor: Scp Eye Care Services, LLC
- Sponsor EIN: 815171738
- Sponsor Address: 5775 GLENDRIDGE DRIVE, ATLANTA, GA, 303285380
- Plan Type: 401(k)
- Total Participants: 2,831
- Total Assets: $185.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,831 | $185.3M | $5.0M | $10.2M |
| 2023 | 2,686 | $152.6M | $3.0M | $9.3M |
| 2022 | 2,386 | $93.4M | $3.4M | $7.1M |
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 |
|---|---|---|---|---|
| FRAZIER & DEETER | Auditor | $37,500 | — | $37,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,500
- Estimated Expense Ratio: 0.020% 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 | $223,265 | $65,364 | $120,401 | $37,500 | — |
| 2023 | $261,994 | $65,000 | $196,994 | — | — |
| 2022 | $272,036 | $185,677 | $86,359 | — | — |