Plan Ledger DOL Form 5500 · updated monthly

Lca Vision, Inc.401(k)

LCA VISION, INC 401(K) RETIREMENT PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Lca Vision, Inc. reported $85,598 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $759 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 0.25% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 787th-largest of 3,295 plans among Ohio employers on file, and the 374th of 2,534 in administrative & support services. In 2024, employees put in $7.29 for every $1.00 the employer contributed; active participation has shrunk from 763 to 617 since 2022.

Plan summary
Net assets, end of year$39,098,005
Participants with balances904
Active participants617
Employer contributions$468,537
Employee contributions$3,416,903
Employer contribution per active participant$759
Average account balance$43,250
Benefits paid to participants$4,184,929
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.1M · 904 accts · $469K emplr
2023$33.5M · 946 accts · $460K emplr
2022$28.6M · 979 accts · $476K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,760
Investment management$36,029
Trustee / custodial$10,809
Total administrative$85,598
The Lca Vision, Inc. 401(k) match · 2024
Employer contribution per active participant$759
Median for plans this size$2,416
2024$759 per active participant
2023$649 per active participant
2022$623 per active participant

Lca Vision, Inc.'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 · 20243
NEWPORT GROUP, INC. · Recordkeeping$38,846
PNC INSTITUTIONAL ASSET MANAGEMENT · Investment advisory (plan)$36,029
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$10,809

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$85,598 · 0.24%
2023$70,296 · 0.23%
2022$77,110 · 0.25%
Same employer
Similar plansAdministrative & Support Services · Ohio
Ctl Engineering, Inc. OH$42.0M · 0.12%
Staffmark Investment, LLC OH$40.1M · 0.31%
Vns Federal Services, LLC OH$34.1M · 0.22%
Trustaff Management, Inc. OH$32.1M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112882328 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.