Plan Ledger DOL Form 5500 · updated monthly

Laurel Eye Clinic Group401(k)

LAUREL EYE CLINIC GROUP RETIREMENT PLAN AND TRUST AGREEMENT · BROOKVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Laurel Eye Clinic Group reported $68,426 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $1,341 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 0.40% to 0.44%. 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 1,762nd-largest of 3,651 plans among Pennsylvania employers on file, and the 4,293rd of 11,911 in health care & social assistance. In 2024, employees put in $2.84 for every $1.00 the employer contributed; active participation has shrunk from 131 to 99 since 2022.

Plan summary
Net assets, end of year$16,073,441
Participants with balances138
Active participants99
Employer contributions$132,772
Employee contributions$377,467
Employer contribution per active participant$1,341
Average account balance$116,474
Benefits paid to participants$1,419,832
Plan auditUnmodified (clean) audit opinion
AuditorLALLY & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 138 accts · $133K emplr
2023$15.1M · 150 accts · $158K emplr
2022$13.0M · 157 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,426
Total administrative$68,426
The Laurel Eye Clinic Group 401(k) match · 2024
Employer contribution per active participant$1,341
Median for plans this size$2,416
2024$1,341 per active participant
2023$1,401 per active participant
2022$2,513 per active participant

Laurel Eye Clinic Group'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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$17,575
METRO BENEFITS, INC. · Recordkeeping · Loan processing$1,300
EDWARD D JONES & COMPANY · Investment advisory (plan)$36,885
MESIROW FINANCIAL, INC. · Investment advisory (plan)$2,968

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024METRO BENEFITS, INC., Transamerica
2023METRO BENEFITS, INC., Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,426 · 0.44%
2023$59,377 · 0.42%
2022$55,852 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Pennsylvania
Grace Inspired Ministries PA$16.3M · 0.54%
Titusville Area Hospital PA$16.0M · 0.12%
Goodwill Keystone Area PA$16.0M · 0.09%
Upmc Altoona PA$15.7M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251375158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.