Plan Ledger DOL Form 5500 · updated monthly

Eye Health Associates, Inc.401(k)

CLARIS VISION, LLC 401(K) PLAN · NORTH DARTMOUTH, MA · plan year 2022

Reported admin expense ratio · 2022
0.92%

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

Eye Health Associates, Inc. reported $75,665 in plan administrative expenses for 2022: 0.92% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,579 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 $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 Massachusetts (2,080th of 2,726), and 6,589th of 11,911 in health care & social assistance. In 2022, employees put in $3.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,681,351
Participants with balances82
Active participants46
Employer contributions$164,644
Employee contributions$497,759
Employer contribution per active participant$3,579
Average account balance$93,675
Benefits paid to participants$333,096
Plan auditUnmodified (clean) audit opinion
AuditorEDELSTEIN & COMPANY LLP
The Eye Health Associates, Inc. 401(k) match · 2022
Employer contribution per active participant$3,579
Median for plans this size$1,114

Eye Health Associates, Inc.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$75,665 · 0.92%
Similar plansHealth Care & Social Assistance · Massachusetts
Health Leads, Inc. MA$7.8M · 0.07%
Work, Inc. MA$7.7M · 0.02%
Lifepath, Inc. MA$7.6M · 0.51%
Linus Health, Inc. MA$7.6M · 0.69%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461083116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.