Plan Ledger DOL Form 5500 · updated monthly

Pinnacle Eye Care, Inc. D/B/A Vision First401(k)

PINNACLE EYE CARE 401(K) SAVINGS PLAN · LOUISVILLE, KY · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Pinnacle Eye Care, Inc. D/B/A Vision First reported $37,243 in plan administrative expenses for 2024: 0.47% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.18% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Kentucky (528th of 871), and 2,978th of 5,215 in retail trade. active participation has grown from 183 to 203 since 2022.

Plan summary
Net assets, end of year$8,286,787
Participants with balances195
Active participants203
Employer contributions$0
Employee contributions$499,629
Employer contribution per active participant$0
Average account balance$42,496
Benefits paid to participants$525,999
Plan auditUnmodified (clean) audit opinion
AuditorMATHER & CO. CPAS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.3M · 195 accts
2023$7.4M · 179 accts
2022$7.2M · 161 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,243
Total administrative$37,243
The Pinnacle Eye Care, Inc. D/B/A Vision First 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Pinnacle Eye Care, Inc. D/B/A Vision First's 2024 employer contribution ran below the $1,313 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 · 20245
RETIREMENT MANAGEMENT SERVICES, LLC · Contract administrator$2,700
EMPOWER ADVISORY GROUP, LLC · Investment management$1,178
MORGAN STANLEY INSURANCE SERVICES Iindirect comp
MORGAN STANLEY SMITH BARNEY LLCindirect comp

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$37,243 · 0.47%
2023$33,393 · 0.46%
2022$14,498 · 0.18%
All plans at this employer2
PINNACLE EYE CARE 401(K) SAVINGS PLAN401(k)
VISION FIRST EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · Kentucky
Keystops, LLC KY$8.3M · 0.39%
Farmer Automotive Group KY$7.9M · 1.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752993005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.