Plan Ledger DOL Form 5500 · updated monthly

Eye Doctors Optical Outlet, P.A401(k)

OPTICAL OUTLETS 401(K) PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
1.57%

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

Eye Doctors Optical Outlet, P.A reported $12,008 in plan administrative expenses for 2022: 1.57% of average plan assets, above the peer median. Employer contributions averaged $477 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (3,424th of 3,644), and 13,361st of 13,661 in manufacturing. In 2022, employees put in $2.45 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$783,859
Participants with balances82
Active participants135
Employer contributions$64,417
Employee contributions$157,852
Employer contribution per active participant$477
Average account balance$9,559
Benefits paid to participants$21,599
Plan auditDisclaimer of opinion
AuditorHANNA, LEMAR & MORRIS CPA'S P.A.
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$11,445
Investment management$563
Total administrative$12,008
The Eye Doctors Optical Outlet, P.A 401(k) match · 2022
Employer contribution per active participant$477
Median for plans this size$331

Eye Doctors Optical Outlet, P.A's 2022 employer contribution ran above the $331 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,008 · 1.57%
Same employer
Similar plansManufacturing · Florida
Dz Block, Inc FL$965K · 0.64%
Wps Group, LLC FL$913K · 0.51%
Cross City Lumber FL$855K · 0.09%
Cansortium Holdings, LLC FL$682K · 1.16%
Sleep International, LLC FL$425K · 1.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592816730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.