Berks Eye Physicians & Surgeons, Ltd. Employee Benefit Plan — Form 5500 plan (Berks Eye Physicians & Surgeons, Ltd.)

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, Berks Eye Physicians & Surgeons, Ltd. Employee Benefit Plan is a benefit plan reported by Berks Eye Physicians & Surgeons, Ltd. under EIN 23-1720360 and plan number 501. The latest loaded filing year is 2023. The filing reports 31 participants and $33,099 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$16KPlan net assets, end of year$15,985
Participants31Covered participants reported
Assets / participant$1.1KComputed: assets ÷ participants$1,068 (computed)
Provider compensation$24.2K3 Schedule C provider row(s)$24,214
Plan sponsor
Berks Eye Physicians & Surgeons, Ltd.
EIN
23-1720360
Plan number
501
Plan type
2
Location
Wyomissing, PA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202331I, C20241108081735NAL0011351041001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$33.1K total assets
Net assets$16KLiabilities$17.1K
Money in vs. money out
Total income / additions$340K
Total expenses$324K
Benefits paid / distributions$167.4K
Contributions
Employer$276.1K
Participant$62.9K
Full reported line items

Net assets

Total assets (EOY)
$33,099
Total liabilities (EOY)
$17,114
Net assets (EOY)
$15,985
Net assets (BOY)
$0

Income & contributions

Employer contributions
$276,129
Participant contributions
$62,929
Total income / additions
$340,013

Expenses & distributions

Benefits paid
$167,439
Administrative expenses
-$6,044
Total expenses
$324,028
Net increase / (decrease)
$15,985
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 81%Participant 19%
Total expenses ÷ net assets2027%Computed ratio
Benefits paid ÷ total income49%Computed ratio
Provider comp. ÷ net assets151%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Patriot (Power-Kunkle Group, Inc.)BROKER$13,032not reported in the loaded dataset2023
The Benecon GroupBROKER$9,205not reported in the loaded dataset2023
Connectcare3PATIENT ADVOCATE$1,977not reported in the loaded dataset2023

Related Form 5500 pages