Grandvision USA Retail Holding Corporation401(k)
GRANDVISION USA RETAIL HOLDING CORPORATION 401(K) PLAN · MIRAMAR, FL · plan year 2020
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Grandvision USA Retail Holding Corporation reported $78,908 in plan administrative expenses for 2020: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $944 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 fell from 0.46% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 106 comparable plans and shown alongside other retail trade employers. By assets it is the 1,192nd-largest of 3,644 plans among Florida employers on file, and the 1,612th of 5,215 in retail trade. In 2020, employees put in $2.77 for every $1.00 the employer contributed.
Grandvision USA Retail Holding Corporation's 2020 employer contribution ran below the $1,627 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 232058612 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.