401(k)
2022 plan-year 401(k) DOL Form 5500

L. O. EYE CARE EMPLOYEE RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

L.O. EYE CARE

This 401(k) plan holds $28M in total assets and serves 230 participants as of 2022. It is sponsored by L.O. EYE CARE in Michigan. The plan reported a net loss of $11M for the year.

Total Assets (2023)
$28M
Participants
230
State
Industry
Healthcare & Social Assistance

What the Filing Says About L. O. EYE CARE EMPLOYEE RETIREMENT PLAN

L. O. EYE CARE EMPLOYEE RETIREMENT PLAN is a 401(k) retirement plan sponsored by L.O. EYE CARE, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $28M in total end-of-year assets and covers 230 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 381818892, and the plan has been effective since 1976-05-17. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $40M at the beginning of 2022 to $28M at year-end — a decline of 28.8%. Net assets (after liabilities) closed the year at $28M, with reported net income of $-11,448,642 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$40M
Total Assets (End of Year)$28M
Net Assets (End of Year)$28M
Net Income$-11,448,642
Plan Type401(k)
Employer EIN381818892
Plan Effective Date1976-05-17
Filing StatusFILING RECEIVED

Sponsor Plan History (L.O. EYE CARE)

Year Plans Participants Total Assets
2022 1 230 $28M
2023 1 262 $32M
2024 1 191 $27M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the L. O. EYE CARE EMPLOYEE RETIREMENT PLAN?
As of the 2022 Form 5500 filing, L. O. EYE CARE EMPLOYEE RETIREMENT PLAN holds $28M in total assets with 230 participants. It is sponsored by L.O. EYE CARE.
What type of plan is L. O. EYE CARE EMPLOYEE RETIREMENT PLAN?
L. O. EYE CARE EMPLOYEE RETIREMENT PLAN is a 401(k) plan. It has been effective since 1976-05-17. The plan is filed with the U.S. Department of Labor under EIN 381818892.
Who sponsors the L. O. EYE CARE EMPLOYEE RETIREMENT PLAN?
L. O. EYE CARE EMPLOYEE RETIREMENT PLAN is sponsored by L.O. EYE CARE, located in Michigan. The sponsor's EIN is 381818892 and the plan operates in the Healthcare & Social Assistance industry.
How did L. O. EYE CARE EMPLOYEE RETIREMENT PLAN perform in 2022?
L. O. EYE CARE EMPLOYEE RETIREMENT PLAN declined by 28.8% during 2022, moving from $40M to $28M in total assets. Net income was $-11,448,642.
Where can I find official filings for L. O. EYE CARE EMPLOYEE RETIREMENT PLAN?
Official Form 5500 filings for L. O. EYE CARE EMPLOYEE RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381818892 or plan name at efast.dol.gov.
How does L. O. EYE CARE EMPLOYEE RETIREMENT PLAN compare to other plans?
You can compare L. O. EYE CARE EMPLOYEE RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 381818892.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.