Plan Ledger DOL Form 5500 · updated monthly

Nvision Eye Centers, LLC401(k)

NVISION EYE CENTERS 401(K) PLAN · ALISO VIEJO, CA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Nvision Eye Centers, LLC reported $158,729 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $416 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 0.60% to 0.64%. 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 2,758th-largest of 9,483 plans among California employers on file, and the 2,862nd of 11,911 in health care & social assistance. In 2024, employees put in $7.77 for every $1.00 the employer contributed; active participation has grown from 1,055 to 1,365 since 2022.

Plan summary
Net assets, end of year$28,877,535
Participants with balances705
Active participants1,365
Employer contributions$567,633
Employee contributions$4,410,971
Employer contribution per active participant$416
Average account balance$40,961
Benefits paid to participants$1,765,447
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 705 accts · $568K emplr
2023$20.6M · 580 accts · $442K emplr
2022$14.9M · 504 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,557
Investment management$123,172
Total administrative$158,729
The Nvision Eye Centers, LLC 401(k) match · 2024
Employer contribution per active participant$416
Median for plans this size$2,416
2024$416 per active participant
2023$361 per active participant
2022$337 per active participant

Nvision Eye Centers, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$77,456
EMPOWER ADVISORY GROUP, LLC · Investment management$36,798
UBS FINANCIAL SERVICES INC$8,919

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$158,729 · 0.64%
2023$125,607 · 0.71%
2022$69,752 · 0.60%
Same employer
Similar plansHealth Care & Social Assistance · California
Community Health Group CA$29.1M · 0.54%
Workcare, Inc. CA$28.9M · 0.67%
Marin Community Clinics CA$28.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330863420 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.