Plan Ledger DOL Form 5500 · updated monthly

Carl Zeiss Vision Inc.401(k)

CARL ZEISS VISION INC. 401(K) PLAN · HEBRON, KY · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Carl Zeiss Vision Inc. reported $111,814 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $1,835 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 2 years on file its reported administrative ratio fell from 0.27% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 114th-largest of 871 plans among Kentucky employers on file, and the 2,468th of 13,661 in manufacturing. In 2024, employees put in $2.20 for every $1.00 the employer contributed; active participation has shrunk from 946 to 783 since 2022.

Plan summary
Net assets, end of year$70,007,490
Participants with balances649
Active participants783
Employer contributions$1,436,929
Employee contributions$3,158,342
Employer contribution per active participant$1,835
Average account balance$107,870
Benefits paid to participants$8,002,813
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.0M · 649 accts · $1.4M emplr
2023$63.5M · 664 accts · $1.4M emplr
2022$57.9M · 703 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,814
Investment management$46,000
Total administrative$111,814
The Carl Zeiss Vision Inc. 401(k) match · 2024
Employer contribution per active participant$1,835
Median for plans this size$3,635
2024$1,835 per active participant
2023$2,116 per active participant
2022$1,500 per active participant

Carl Zeiss Vision Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$65,814
SAGEVIEW ADVISORY GROUP · Investment advisory (plan)$46,000

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

Administrative cost history3
2024$111,814 · 0.17%
2023$104,945 · 0.17%
2022$186,889 · 0.27%
Same employer
Similar plansManufacturing · Kentucky
C. C. Clark, Inc. KY$73.6M · 0.13%
Sypris Solutions, Inc. KY$70.5M · 0.17%
Lantech.com, LLC KY$62.8M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943189941 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.