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RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST 401k Plan overview

Plan NameRETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST
Plan identification number 001

RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • 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.
  • Participant-directed brokerage accounts provided as an investment option under the plan.
  • 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

RETINA CONSULTANTS OF OKLAHOMA has sponsored the creation of one or more 401k plans.

Company Name:RETINA CONSULTANTS OF OKLAHOMA
Employer identification number (EIN):273328222
NAIC Classification:446130
NAIC Description:Optical Goods Stores

Form 5500 Filing Information

Submission information for form 5500 for 401k plan RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01LANCE SCOTT2024-06-18
0012022-01-01LANCE SCOTT2023-04-12
0012021-01-01LANCE SCOTT2022-03-22
0012020-01-01LANCE SCOTT2021-05-19
0012019-01-01LANCE SCOTT2020-07-17
0012018-01-01LANCE SCOTT2019-03-18
0012017-01-01LANCE SCOTT2018-07-30
0012016-01-01LANCE SCOTT2017-03-13
0012015-01-01LANCE SCOTT2016-07-08
0012014-01-01LANCE SCOTT2015-05-15
0012013-01-01LANCE SCOTT2014-07-07
0012012-01-01RETINA CONSULTANTS OF OKLAHOMA

Plan Statistics for RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST

401k plan membership statisitcs for RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2012: RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST 2012 401k membership
Total participants, beginning-of-year2012-01-011
Total number of active participants reported on line 7a of the Form 55002012-01-012
Number of retired or separated participants receiving benefits2012-01-010
Number of other retired or separated participants entitled to future benefits2012-01-010
Total of all active and inactive participants2012-01-012
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2012-01-010
Total participants2012-01-012
Number of participants with account balances2012-01-011
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2012-01-010

Financial Data on RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST

Measure Date Value
2012 : RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST 2012 401k financial data
Transfers to/from the plan2012-12-31$0
Total plan liabilities at end of year2012-12-31$0
Total plan liabilities at beginning of year2012-12-31$0
Total income from all sources2012-12-31$4,386
Expenses. Total of all expenses incurred2012-12-31$0
Benefits paid (including direct rollovers)2012-12-31$0
Total plan assets at end of year2012-12-31$4,386
Total plan assets at beginning of year2012-12-31$0
Value of fidelity bond covering the plan2012-12-31$0
Total contributions received or receivable from participants2012-12-31$2,306
Expenses. Other expenses not covered elsewhere2012-12-31$0
Contributions received from other sources (not participants or employers)2012-12-31$0
Other income received2012-12-31$44
Net income (gross income less expenses)2012-12-31$4,386
Net plan assets at end of year (total assets less liabilities)2012-12-31$4,386
Net plan assets at beginning of year (total assets less liabilities)2012-12-31$0
Total contributions received or receivable from employer(s)2012-12-31$2,036
Value of certain deemed distributions of participant loans2012-12-31$0
Value of corrective distributions2012-12-31$0
Expenses. Administrative service providers (salaries,fees and commissions)2012-12-31$0

Form 5500 Responses for RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST

2012: RETINA CONSULTANTS OF OKLAHOMA 401(K) PROFIT SHARING PLAN & TRUST 2012 form 5500 responses
2012-01-01Type of plan entitySingle employer plan
2012-01-01First time form 5500 has been submittedYes
2012-01-01Submission has been amendedNo
2012-01-01This submission is the final filingNo
2012-01-01This return/report is a short plan year return/report (less than 12 months)No
2012-01-01Plan is a collectively bargained planNo
2012-01-01Plan funding arrangement – TrustYes
2012-01-01Plan benefit arrangement - TrustYes

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