401k Plan data: LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN plan

LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 401k Plan overview

Plan Name	LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN
Plan identification number	002

LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

LONG ISLAND EYE SURGICAL CARE P.C. has sponsored the creation of one or more 401k plans.

Company Name: LONG ISLAND EYE SURGICAL CARE P.C.

Employer identification number (EIN): 112355523

NAIC Classification: 621111
NAIC Description: Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01 JIM FRAZZETTA 2019-08-27
002 2017-01-01 JIM FRAZZETTA
002 2017-01-01 JIM FRAZZETTA
002 2016-01-01 JOHN PASSARELLI
002 2016-01-01 JIM FRAZZETTA
002 2015-01-01 DIGNA MUNOZ 2016-10-14
002 2014-01-01 JOHN PASSARELLI 2015-07-30
002 2013-01-01 JOHN PASSARELLI 2014-10-14
002 2012-01-01 JOHN PASSARELLI 2013-07-31
002 2011-01-01 JOHN PASSARELLI 2012-06-11
002 2010-01-01 JOHN PASSARELLI 2011-07-29

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
002	2018-01-01	JIM FRAZZETTA	2019-08-27
002	2017-01-01	JIM FRAZZETTA
002	2017-01-01	JIM FRAZZETTA
002	2016-01-01	JOHN PASSARELLI
002	2016-01-01	JIM FRAZZETTA
002	2015-01-01	DIGNA MUNOZ	2016-10-14
002	2014-01-01	JOHN PASSARELLI	2015-07-30
002	2013-01-01	JOHN PASSARELLI	2014-10-14
002	2012-01-01	JOHN PASSARELLI	2013-07-31
002	2011-01-01	JOHN PASSARELLI	2012-06-11
002	2010-01-01	JOHN PASSARELLI	2011-07-29

Plan Statistics for LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN

401k plan membership statisitcs for LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN

Measure Date Value
2017: LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 179
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 118
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 17
Total of all active and inactive participants 2017-01-01 135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 135
Number of participants with account balances 2017-01-01 94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 8
2016: LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 154
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 179
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 0
Total of all active and inactive participants 2016-01-01 179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 179
Number of participants with account balances 2016-01-01 79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 1

Measure	Date	Value
2017: LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	179
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	118
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	17
Total of all active and inactive participants	2017-01-01	135
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	135
Number of participants with account balances	2017-01-01	94
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	8
2016: LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	154
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	179
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	0
Total of all active and inactive participants	2016-01-01	179
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	179
Number of participants with account balances	2016-01-01	79
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	1

Financial Data on LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN

Measure	Date	Value
2017 : LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2017 401k financial data
Total income from all sources (including contributions)	2017-12-31	$805,607
Total of all expenses incurred	2017-12-31	$159,253
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$156,316
Expenses. Certain deemed distributions of participant loans	2017-12-31	$1,898
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$384,525
Value of total assets at end of year	2017-12-31	$2,890,228
Value of total assets at beginning of year	2017-12-31	$2,243,874
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,039
Total interest from all sources	2017-12-31	$1,991
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$1,906
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$1,906
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$200,000
If this is an individual account plan, was there a blackout period	2017-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$309,020
Participant contributions at end of year	2017-12-31	$19,384
Participant contributions at beginning of year	2017-12-31	$20,907
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$31,056
Assets. Loans (other than to participants) at end of year	2017-12-31	$51,074
Assets. Loans (other than to participants) at beginning of year	2017-12-31	$36,126
Administrative expenses (other) incurred	2017-12-31	$1,039
Total non interest bearing cash at end of year	2017-12-31	$0
Total non interest bearing cash at beginning of year	2017-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$646,354
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$2,890,228
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$2,243,874
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$2,839,154
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$2,135,531
Interest on participant loans	2017-12-31	$1,991
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2017-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2017-12-31	$72,217
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2017-12-31	$72,217
Value of funds held in insurance company general accounts (unallocated contracts) at end of year	2017-12-31	$58,578
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$417,185
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$44,449
Employer contributions (assets) at end of year	2017-12-31	$4,700
Employer contributions (assets) at beginning of year	2017-12-31	$3,765
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$156,316
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2017-12-31	Yes
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	BDO USA, LLP
Accountancy firm EIN	2017-12-31	135381590
2016 : LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$410,572
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$110,659
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$89,914
Expenses. Certain deemed distributions of participant loans	2016-12-31	$17,290
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$249,133
Value of total assets at end of year	2016-12-31	$2,243,874
Value of total assets at beginning of year	2016-12-31	$1,943,961
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$3,455
Total interest from all sources	2016-12-31	$1,193
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Administrative expenses professional fees incurred	2016-12-31	$3,455
Assets. Corporate prefeered stocks other than exployer securities at end of year	2016-12-31	$0
Assets. Corporate prefeered stocks other than exployer securities at beginning of year	2016-12-31	$0
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$200,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$209,042
Participant contributions at end of year	2016-12-31	$36,126
Participant contributions at beginning of year	2016-12-31	$65,345
Participant contributions at end of year	2016-12-31	$20,907
Participant contributions at beginning of year	2016-12-31	$0
Total non interest bearing cash at end of year	2016-12-31	$0
Total non interest bearing cash at beginning of year	2016-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$299,913
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$2,243,874
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$1,943,961
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$2,135,531
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$1,805,937
Interest on participant loans	2016-12-31	$1,809
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2016-12-31	$72,217
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2016-12-31	$72,679
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2016-12-31	$72,679
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$-616
Asset value of US Government securities at end of year	2016-12-31	$0
Asset value of US Government securities at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$160,246
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$40,091
Employer contributions (assets) at end of year	2016-12-31	$3,765
Employer contributions (assets) at beginning of year	2016-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$89,914
Asset. Corporate debt instrument preferred debt at end of year	2016-12-31	$0
Asset. Corporate debt instrument preferred debt at beginning of year	2016-12-31	$0
Asset. Corporate debt instrument debt (other) at end of year	2016-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2016-12-31	$0
Contract administrator fees	2016-12-31	$22,523
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-12-31	No
Assets. Corporate common stocks other than exployer securities at end of year	2016-12-31	$0
Assets. Corporate common stocks other than exployer securities at beginning of year	2016-12-31	$0
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BDO USA, LLP
Accountancy firm EIN	2016-12-31	135381590

Form 5500 Responses for LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN

2017: LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	Yes
2017-01-01	Plan funding arrangement – Insurance	Yes
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement – Insurance	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: LONG ISLAND EYE SURGICAL CARE P.C. 401K PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Mulitple employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

FIRST GREAT WEST LIFE INSURANCE & ANNUITY CO (National Association of Insurance Commissioners NAIC id number: 60214 )

Policy contract number

590130-01

Policy instance

Insurance contract or identification number	590130-01
Number of Individuals Covered	13
Insurance policy start date	2017-01-01
Insurance policy end date	2017-12-31
Total amount of commissions paid to insurance broker	USD $202
Total amount of fees paid to insurance company	USD $0
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $95
Amount paid for insurance broker fees	0
Insurance broker organization code?	3
Insurance broker name	KEVIN PETERS

Potentially related plans

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	LONG ISLAND EYE SURGICAL CARE P.C.
Employer identification number (EIN):	112355523
NAIC Classification:	621111
NAIC Description:	Offices of Physicians (except Mental Health Specialists)