Dr. Stern's Visual Health Centers401(k)
DR. STERN'S VISUAL HEALTH CENTERS 401(K) PROFIT SHARING PLAN · MIAMI, FL · plan year 2022
Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works
Dr. Stern's Visual Health Centers reported $36,730 in plan administrative expenses for 2022: 1.31% of average plan assets, higher than ~90% of peers. Employer contributions averaged $460 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 1.31% to 2.45%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Florida (2,959th of 3,644), and 9,532nd of 11,911 in health care & social assistance. In 2022, employees put in $6.36 for every $1.00 the employer contributed.
Dr. Stern's Visual Health Centers's 2022 employer contribution ran below the $1,114 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.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 592322977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.