OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL

Plan Contact

  • Address: 825 EAST GATE BLVD,,GARDEN CITY,NY
  • Contact person: PAYAL DASWANI
  • Phone: (516) 804-5200

Plan General Information

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is $63,491,352.00.This plan was established in 2001.

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is 1238

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Average Participant Retirement Account Value

In 2023, the average participant retirement account value for OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is $51,285.00

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is $6,404.00.

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is approximately $521.00
Investing in this additonal $521.00 for 20 years would give you extra $33,348.00, assuming a 10% annual return.

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Total Employer Contribution and Match Rate

In 2023, OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL allocates $645,093.00 to match its employees' contributions, providing an employer match rate of 16.27% of their contributions

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is 32.64%.

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is 21.83%. This measures the effectiveness of the plan participants' investments in the year.

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL Expense Ratio

In 2023, the investment and administrative expense ratio of OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL is 0.13%.

Enrollment Features

OPHTHALMIC CONSULTANTS OF LONG ISLAND 401K PL has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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