Maine Eye Center, P.A. Profit Sharing Plan — Form 5500 plan (Maine Eye Center, P.A.)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Maine Eye Center, P.A. Profit Sharing Plan is a benefit plan reported by Maine Eye Center, P.A. under EIN 01-0329291 and plan number 001. The latest loaded filing year is 2023. The filing reports 118 participants and $24,907,043 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Maine Eye Center, P.A.
EIN
01-0329291
Plan number
001
Plan type
2
Location
Portland, ME
Latest filing year
2023
Participants
118
End-of-year plan assets
$24,907,043

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023118H, C20241015184021NAL0017059043001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$24,907,043
Total liabilities (EOY)
$27,002
Net assets (EOY)
$24,880,041
Net assets (BOY)
$22,834,095

Income & contributions

Employer contributions
$482,962
Participant contributions
$564,253
Total contributions
$1,355,353
Total income / additions
$5,419,475

Expenses & distributions

Benefits paid
$3,254,986
Administrative expenses
$118,543
Total expenses
$3,373,529
Net increase / (decrease)
$2,045,946

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Commonwealth Financial NetworkINVESTMENT ADVISORY$21,137not reported in the loaded dataset2023
Transamerica Retirement SolutionsRECORDKEEPER$11,171$02023
Downeast Pension ServicesTPA$2,475$02023

Related Form 5500 pages