Plan Ledger DOL Form 5500 · updated monthly

Eye Care Physicians & Surgeons, Inc401(k)

EYE CARE PHYSICIANS & SURGEONS, INC. 401(K) PROFIT SHARING PLAN · SALEM, OR · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Eye Care Physicians & Surgeons, Inc reported $100,427 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,726 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 rose from 0.63% to 0.67%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 415th-largest of 1,021 plans among Oregon employers on file, and the 4,337th of 11,911 in health care & social assistance. In 2024, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,804,315
Participants with balances158
Active participants91
Employer contributions$157,069
Employee contributions$319,733
Employer contribution per active participant$1,726
Average account balance$100,027
Benefits paid to participants$833,851
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 158 accts · $157K emplr
2023$14.1M · 139 accts · $467K emplr
2022$12.2M · 145 accts · $452K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,486
Investment management$2,100
Audit (IQPA)$24,500
Trustee / custodial$44,341
Total administrative$100,427
The Eye Care Physicians & Surgeons, Inc 401(k) match · 2024
Employer contribution per active participant$1,726
Median for plans this size$2,416
2024$1,726 per active participant
2023$4,492 per active participant
2022$5,138 per active participant

Eye Care Physicians & Surgeons, Inc's 2024 employer contribution ran below the $2,416 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.

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 · 20243
EPIC RETIREMENT PLAN SERVICES · Recordkeeping · Loan processing$29,486
PIONEER TRUST BANK, N.A. · Trustee$44,341
REDW LLC · Accounting / audit$24,500

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

Recordkeeper by year2
2024EPIC RPS
2023EPIC RPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$100,427 · 0.67%
2023$82,525 · 0.63%
2022$85,443 · 0.63%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Partners in Care OR$15.6M · 0.27%
Umpqua Health, LLC OR$14.9M · 0.02%
Medical Eye Center Inc OR$14.8M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930611638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.