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NEW YORK OPTICAL, INC. DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan NameNEW YORK OPTICAL, INC. DEFINED BENEFIT PENSION PLAN
Plan identification number 001

NEW YORK OPTICAL, INC. DEFINED BENEFIT PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • 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.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NEW YORK OPTICAL, INC. has sponsored the creation of one or more 401k plans.

Company Name:NEW YORK OPTICAL, INC.
Employer identification number (EIN):112654052
NAIC Classification:621320
NAIC Description:Offices of Optometrists

Additional information about NEW YORK OPTICAL, INC.

Jurisdiction of Incorporation: New York Department of State
Incorporation Date: 1983-08-15
Company Identification Number: 861571
Legal Registered Office Address: 48 GRAHAM AVENUE
Kings
BROOKLYN
United States of America (USA)
11206

More information about NEW YORK OPTICAL, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW YORK OPTICAL, INC. DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01WAYNE TABACHNICK2023-10-06
0012021-01-01WAYNE TABACHNICK2022-07-19
0012020-01-01WAYNE TABACHNICK2021-07-15
0012019-01-01WAYNE TABACHNICK2020-08-03
0012012-01-01WAYNE TABACHNICK2012-08-17 WAYNE TABACHNICK2012-08-17
0012011-01-01WAYNE TABACHNICK2012-08-17 WAYNE TABACHNICK2012-08-17
0012010-01-01WAYNE TABACHNICK2011-09-09 WAYNE TABACHNICK2011-09-09

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