Retirement plan

JOHNSON CITY EYE CLINIC, PC 401(K) RETIREMENT PLAN

Name: JOHNSON CITY EYE CLINIC, PC - JOHNSON CITY EYE CLINIC, PC 401(K) RETIREMENT PLAN (2025) Form 5500
Creator: JOHNSON CITY EYE CLINIC, PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHNSON CITY EYE CLINIC, PC 401(K) RETIREMENT PLAN, JOHNSON CITY EYE CLINIC, PC

JOHNSON CITY EYE CLINIC, PCEIN 62-1137305Plan #001PY 2025

110 MED TECH PARKWAY - JOHNSON CITY, TN 37604423-929-2111johnsoncityeye.comLinkedIn1-10 employeeshospital & health care

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$28.9M

+4.0% from 2024

Total participants

167

+7.7% from 2024

Average account balance

$174,044

-8.5% from 2024

Annual return

11.52%

-1.95 pp from 2024

Benchmarks

See 1,431 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort1,431 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$28.89M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$174K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

166

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+11.52%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$216

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.7+ years Service code 13 · EIN 27-2037969	Contract Administrator	$28,783
NEWPORT GROUP, INC.6 years Filed as: NEWPORT TRUST COMPANY Service code 21 · EIN 27-4411131	Bank Trustee	$7,123

Plan features & details

Pension benefit codes2E2F2G2J2T2X3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$36K

$307 / participant

Recordkeeping$1K3.5%
Trustee / custodial$7K19.8%
Contract admin$28K76.7%

% of EOY assets

0.124%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BLACKBURN, CHILDERS & STEAGALL CPA
Auditor EIN: 620647474
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$174,044

$43,496+300.1%

$161,489+7.8%

$64,340+170.5%

Participation rate

99.1%

53.5%+45.6pp

78.7%+20.4pp

55.2%+43.9pp

Annual return

11.52%

20.76%-9.2pp

89.72%-78.2pp

24.14%-12.6pp

Employer contribution / active EE

$6,304

$1,431+340.6%

$4,268+47.7%

$1,862+238.6%

Participant deferral / active EE

$3,991

$1,996+100.0%

$5,630-29.1%

$2,980+33.9%

Admin fee / account holder

$216

$2,330-90.7%

$16,006-98.6%

$3,703-94.2%

Provider

Service type

Compensation

NEWPORT GROUP, INC.7+ years

Service code 13 · EIN 27-2037969

Contract Administrator

$28,783

NEWPORT GROUP, INC.6 years

Filed as: NEWPORT TRUST COMPANY

Service code 21 · EIN 27-4411131

Bank Trustee

$7,123

JOHNSON CITY EYE CLINIC, PC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHNSON CITY EYE CLINIC, PC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion