Plan Ledger DOL Form 5500 · updated monthly

Asheville Eye Associates, PLLC401(k)

ASHEVILLE EYE ASSOCIATES, PLLC 401(K) PLAN · ASHEVILLE, NC · plan year 2022

Employer contribution per participant · 2022
$3,323

Asheville Eye Associates, PLLC's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $31,755,875 across 418 participant accounts, with employer contributions averaging $3,323 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.32% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 539th-largest of 2,005 plans among North Carolina employers on file, and the 2,650th of 11,911 in health care & social assistance. In 2022, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,755,875
Participants with balances418
Active participants219
Employer contributions$727,759
Employee contributions$901,810
Employer contribution per active participant$3,323
Average account balance$75,971
Benefits paid to participants$2,300,801
Plan auditUnmodified (clean) audit opinion
AuditorFORVIS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 471 accts · $1.3M emplr
2023$30.9M · 506 accts · $1.2M emplr
2022$31.8M · 418 accts · $728K emplr
The Asheville Eye Associates, PLLC 401(k) match · 2022
Employer contribution per active participant$3,323
Median for plans this size$2,266
2024$4,090 per active participant
2023$4,662 per active participant
2022$3,323 per active participant

Asheville Eye Associates, PLLC's 2022 employer contribution ran above the $2,266 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Administrative cost history3
2024$120,021 · 0.40%
2023$100,269 · 0.32%
2022Not separately reported
Same employer
Similar plansHealth Care & Social Assistance · North Carolina
Horizon Eye Care, P.A. NC$32.8M · 0.07%
Authoracare Collective NC$32.5M · 0.44%
Maxwell Group Inc. NC$31.3M · 0.35%
Honorbridge NC$31.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561967404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.