Plan Ledger DOL Form 5500 · updated monthly

Midwest Eye Care, P.C.401(k)

MIDWEST EYE CARE 401(K) PLAN · OMAHA, NE · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Midwest Eye Care, P.C. reported $60,443 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $5,305 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 0.22% to 0.19%. 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 180th-largest of 565 plans among Nebraska employers on file, and the 2,552nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.23 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$33,542,240
Participants with balances238
Active participants196
Employer contributions$1,039,862
Employee contributions$846,799
Employer contribution per active participant$5,305
Average account balance$140,934
Benefits paid to participants$1,498,405
Plan auditUnmodified (clean) audit opinion
AuditorMCMILLEN DOVALO CO., P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$33.5M · 238 accts · $1.0M emplr
2023$29.6M · 205 accts · $975K emplr
2022$24.8M · 194 accts · $918K emplr
The Midwest Eye Care, P.C. 401(k) match · 2024
Employer contribution per active participant$5,305
Median for plans this size$2,416
2024$5,305 per active participant
2023$5,051 per active participant
2022$5,126 per active participant

Midwest Eye Care, P.C.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$41,700
USI ADVISORS INC · Investment advisory (plan)$18,750

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$60,443 · 0.19%
2023$58,723 · 0.22%
2022$60,357 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Nebraska
Quality Living, Inc. NE$31.7M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470805428 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.