Plan Snapshot
- Plan Sponsor: Tri-Century Eye Care, P.C.
- Sponsor EIN: 861072293
- Sponsor Address: 319 SECOND STREET PIKE, SOUTHAMPTON, PA, 18966
- Plan Type: 401(k)
- Total Participants: 89
- Total Assets: $22.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 89 | $22.2M | $545,611 | $476,698 |
| 2023 | 92 | $19.0M | $535,762 | $499,671 |
| 2022 | 92 | $15.5M | $496,567 | $480,705 |
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 |
|---|---|---|---|---|
| VALLEY FORGE INVESTMENT CONSULANTS | INVESTMENT ADVISORY | $41,616 | — | $41,616 |
| JOHN HANCOCK | RECORDKEEPER | $20,884 | — | $20,884 |
| JOSEPH P. MELVIN COMPANY LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPER
- JOSEPH P. MELVIN COMPANY LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,500
- Estimated Expense Ratio: 0.281% 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 | $62,500 | $41,616 | $20,884 | — | — |
| 2023 | $49,931 | $34,050 | $15,881 | — | — |
| 2022 | $51,232 | $34,395 | $16,837 | — | — |