Plan Ledger DOL Form 5500 · updated monthly

Atlantic Vision Partners LLC401(k)

ATLANTIC VISION PARTNERS LLC RETIREMENT PLAN · RICHMOND, VA · plan year 2024

Reported admin expense ratio · 2024
0.18%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Atlantic Vision Partners LLC reported $17,393 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 per active participant. 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 1 year on file its reported administrative ratio rose from 0.09% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Virginia (1,435th of 2,266), and the 5,564th of 11,911 in health care & social assistance.

Plan summary
Net assets, end of year$10,473,860
Participants with balances212
Active participants477
Employer contributions$0
Employee contributions$1,284,471
Employer contribution per active participant$0
Average account balance$49,405
Benefits paid to participants$1,431,785
Plan auditUnmodified (clean) audit opinion
AuditorPB MARES
Plan history2
Yearassets · accounts · employer contribution
2024$10.5M · 212 accts
2023$9.2M · 215 accts · $384K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,606
Investment management$787
Total administrative$17,393
The Atlantic Vision Partners LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Atlantic Vision Partners LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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.

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 · 20241

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$17,393 · 0.18%
2023$8,101 · 0.09%
Similar plansHealth Care & Social Assistance · Virginia
Spectrum Medical, Inc. VA$11.4M · 0.12%
Caresave Technologies, Inc VA$11.2M · 0.60%
The Virginia Home VA$10.6M · 0.64%
Covenant Woods VA$10.4M · 0.05%
Nmcgr Foundation VA$10.1M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833403293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.