Plan Ledger DOL Form 5500 · updated monthly

Panorama Eye Care, LLC401(k)

PANORAMA EYE CARE 401(K) AND PROFIT SHARING PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Panorama Eye Care, LLC reported $13,766 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,903 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 0.01% to 0.03%. 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 256th-largest of 1,461 plans among Colorado employers on file, and the 1,949th of 11,911 in health care & social assistance. In 2024, employees put in $2.55 for every $1.00 the employer contributed; active participation has shrunk from 546 to 436 since 2022.

Plan summary
Net assets, end of year$47,532,541
Participants with balances510
Active participants436
Employer contributions$829,567
Employee contributions$2,118,034
Employer contribution per active participant$1,903
Average account balance$93,201
Benefits paid to participants$6,604,350
Plan auditUnmodified (clean) audit opinion
AuditorMARSHALL JONES
Plan history3
Yearassets · accounts · employer contribution
2024$47.5M · 510 accts · $830K emplr
2023$44.6M · 438 accts · $1.3M emplr
2022$37.4M · 448 accts · $346K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,365
Investment management$2,401
Total administrative$13,766
The Panorama Eye Care, LLC 401(k) match · 2024
Employer contribution per active participant$1,903
Median for plans this size$2,416
2024$1,903 per active participant
2023$2,799 per active participant
2022$634 per active participant

Panorama Eye Care, LLC'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,399

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$13,766 · 0.03%
2023$7,259 · 0.02%
2022$3,050 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
South Denver Cardiology CO$50.7M · 0.20%
Primary Care Partners, Inc. CO$46.3M · 0.32%
Corus Orthodontists LLC CO$42.1M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853810814 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.