Plan Ledger DOL Form 5500 · updated monthly

American Vision Group LLC401(k)

AMERICAN VISION GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
1.52%

American Vision Group LLC reported $39,080 in plan administrative expenses for 2024: 1.52% of average plan assets, higher than ~90% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 1.05% to 1.52%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Florida (2,942nd of 3,644), and 10,647th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,699,394
Participants with balances212
Active participants199
Employer contributions—
Employee contributions$323,763
Employer contribution per active participant—
Average account balance$12,733
Benefits paid to participants$448,666
Plan auditUnmodified (clean) audit opinion
AuditorGILLIAM BELL MOSER LLP
Plan history2
Yearassets · accounts · employer contribution
2024$2.7M · 212 accts
2022$2.0M · 184 accts · $314K emplr
What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NATIONWIDE · Recordkeeping · Investment advisory (participants)$6,956
NATIONWIDE · Recordkeeping · Investment advisory (participants)$6,235
FINANCIAL DESIGNS WEALTH MANAGEMENT · Investment management$14,728

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$39,080 · 1.52%
2022$23,277 · 1.05%
Similar plansProfessional & Technical Services · Florida
Ae Engineering, Inc. FL$2.7M · 0.49%
Belit, Inc. FL$2.7M · 0.32%
Software Resources Inc FL$2.7M · 0.55%
Sitero LLC FL$2.5M · 0.41%
Florida West Coast, Inc. FL$2.5M · 1.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 832136533 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.