Plan Ledger DOL Form 5500 · updated monthly

City Optical Company, Inc.401(k)

CITY OPTICAL COMPANY, INC. & RELATED COMPANIES 401(K) RETIREMENT SAVINGS PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

City Optical Company, Inc. reported $9,770 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $25 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 0.47% to 0.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Indiana (1,361st of 1,562), and 4,520th of 5,215 in retail trade. In 2024, employees put in $93.89 for every $1.00 the employer contributed; active participation has grown from 210 to 315 since 2022.

Plan summary
Net assets, end of year$2,497,665
Participants with balances257
Active participants315
Employer contributions$7,922
Employee contributions$743,807
Employer contribution per active participant$25
Average account balance$9,719
Benefits paid to participants$421,215
Plan auditUnmodified (clean) audit opinion
AuditorKATZ SAPPER AND MILLER LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.5M · 257 accts · $8K emplr
2023$1.9M · 198 accts
2022$1.3M · 157 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,770
Total administrative$9,770
The City Optical Company, Inc. 401(k) match · 2024
Employer contribution per active participant$25
Median for plans this size$1,313

City Optical Company, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,770
PRUCO SECURITIES LLCindirect comp

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$9,770 · 0.45%
2023$5,897 · 0.36%
2022$9,098 · 0.47%
Same employer
Similar plansRetail Trade · Indiana
Druley Enterprises Inc. IN$3.3M · 0.66%
Skico, Inc. IN$3.2M · 0.40%
Baeslers, Inc. IN$2.8M · 0.56%
Lafayette Warehouse, Inc IN$2.0M · 1.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351017458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.