Beach Eye Care 401(k) match, vesting and fees
What Beach Eye Care's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Newport Group | Schedule C ↗ |
| Independent auditor | Charles W. Snader, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Beach Eye Care: employer contribution per participant | $2,128 | |
| Peer median | $1,468 |
| Beach Eye Care: average balance | $50,235 | |
| Peer median | $37,786 |
| Beach Eye Care: admin expenses ÷ assets | 0.35% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $7.8M at the end of plan year 2021 to $8.6M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 171 | $8.6M | $364K | $2,128 | 0.35% | Not published | Form 5500 ↗ |
| 2023 | 151 | $7.7M | $357K | $2,361 | 0.44% | Not published | Form 5500 ↗ |
| 2022 | 157 | $6.3M | $310K | $1,978 | 0.39% | Not published | Form 5500 ↗ |
| 2021 | 146 | $7.8M | $276K | $1,889 | 0.34% | Not published | Form 5500 ↗ |
Common questions
Does Beach Eye Care match 401(k) contributions?
The match terms for the Beach Eye Care 401(k) and Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $364K in employer contributions, about $2,128 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Beach Eye Care 401(k) match vested?
The vesting schedule for the Beach Eye Care 401(k) and Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Beach Eye Care 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Newport Group. The plan administrator is Beach Eye Care, Inc..
I left Beach Eye Care. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Beach Eye Care, Inc., (757) 425-5550) or the recordkeeper, Newport Group. The Beach Eye Care old 401(k) page lists the contacts from every plan filing. Find an old Beach Eye Care 401(k)
Data from the public Form 5500 annual reports Beach Eye Care filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Beach Eye Care. Not financial advice. Report a correction · Methodology