Plan Snapshot
- Plan Sponsor: Wilmington Eye PA
- Sponsor EIN: 561120065
- Sponsor Address: 1729 NEW HANOVER MEDICAL PARK DRIVE, WILMINGTON, NC, 28403
- Plan Type: 401(k)
- Total Participants: 198
- Total Assets: $15.0M
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 | 198 | $15.0M | $256,049 | $788,350 |
| 2023 | 169 | $12.7M | $542,155 | $719,534 |
| 2022 | 145 | $10.2M | $203,516 | $530,300 |
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 |
|---|---|---|---|---|
| THOMAS JUDY AND TUCKER PA | 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 | $76,079 | — | — | — | — |
| 2023 | $65,204 | $33,693 | — | — | — |
| 2022 | $64,230 | $49,459 | $14,771 | — | — |