Plan Ledger DOL Form 5500 · updated monthly

Eye Health America, LLC401(k)

EYE HEALTH AMERICA 401(K) PLAN · EASLEY, SC · plan year 2024

Reported admin expense ratio · 2024
0.76%

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

Eye Health America, LLC reported $312,358 in plan administrative expenses for 2024: 0.76% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,686 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 0.51% to 0.76%. 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 132nd-largest of 807 plans among South Carolina employers on file, and the 2,032nd of 11,911 in health care & social assistance. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,309,978
Participants with balances1,373
Active participants1,186
Employer contributions$1,999,849
Employee contributions$4,593,144
Employer contribution per active participant$1,686
Average account balance$33,001
Benefits paid to participants$4,399,481
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.3M · 1,373 accts · $2.0M emplr
2023$37.0M · 1,246 accts · $1.9M emplr
2022$27.7M · 1,161 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$258,521
Investment management$53,587
Total administrative$312,358
The Eye Health America, LLC 401(k) match · 2024
Employer contribution per active participant$1,686
Median for plans this size$2,416
2024$1,686 per active participant
2023$1,687 per active participant
2022$1,302 per active participant

Eye Health America, LLC'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 · 20244
RETIREMENT SOLUTIONS SPECIALISTS · Contract administrator$69,330
EXCALIBUR FINANCIAL GROUP INC · Investment advisory (plan)$53,587
EMPOWER ADVISORY GROUP, LLC · Investment management$14,331

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$312,358 · 0.76%
2023$279,429 · 0.86%
2022$132,956 · 0.51%
Same employer
Similar plansHealth Care & Social Assistance · South Carolina
Musc Health Partners SC$50.7M · 0.20%
Inspirium Health, LLC SC$39.6M · 0.51%
Greenwood Genetic Center SC$38.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823212492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.