Plan Ledger DOL Form 5500 · updated monthly

Medical Eye Center Inc401(k)

MEDICAL EYE CENTER, INC. 401K PROFIT SHARING PLAN AND TRUST · MEDFORD, OR · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Medical Eye Center Inc reported $9,110 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,323 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 0.15% to 0.07%. 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 436th-largest of 1,021 plans among Oregon employers on file, and the 4,536th of 11,911 in health care & social assistance. In 2024, employees put in $1.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,777,487
Participants with balances261
Active participants163
Employer contributions$541,668
Employee contributions$706,974
Employer contribution per active participant$3,323
Average account balance$56,619
Benefits paid to participants$791,476
Plan auditUnmodified (clean) audit opinion
AuditorKDP CERTIFIED PUBLIC ACCOUNTANTS
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 261 accts · $542K emplr
2023$12.9M · 245 accts · $313K emplr
2022$12.6M · 216 accts · $312K emplr
Administrative expenses, itemized · 2024
Investment management$9,110
Total administrative$9,110
The Medical Eye Center Inc 401(k) match · 2024
Employer contribution per active participant$3,323
Median for plans this size$2,416
2024$3,323 per active participant
2023$2,030 per active participant
2022$1,927 per active participant

Medical Eye Center Inc's 2024 employer contribution ran above 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$7,631

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$9,110 · 0.07%
2023$15,310 · 0.12%
2022$19,989 · 0.15%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Partners in Care OR$15.6M · 0.27%
Umpqua Health, LLC OR$14.9M · 0.02%
Frontier Management, LLC OR$13.7M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930603046 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.