Plan Ledger DOL Form 5500 · updated monthly

Rocky Mountain Eye Center, Inc.401(k)

ROCKY MOUNTAIN EYE CENTER, INC. 401(K) PROFIT SHARING PLAN · PUEBLO, CO · plan year 2022

Reported admin expense ratio · 2022
0.55%

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

Rocky Mountain Eye Center, Inc. reported $78,595 in plan administrative expenses for 2022: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,262 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 1 year on file its reported administrative ratio rose from 0.55% to 0.61%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 708th-largest of 1,461 plans among Colorado employers on file, and the 5,046th of 11,911 in health care & social assistance. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,407,678
Participants with balances210
Active participants119
Employer contributions$269,136
Employee contributions$433,423
Employer contribution per active participant$2,262
Average account balance$59,084
Benefits paid to participants$2,097,785
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$12.0M · 259 accts · $216K emplr
2022$12.4M · 210 accts · $269K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$78,595
Total administrative$78,595
The Rocky Mountain Eye Center, Inc. 401(k) match · 2022
Employer contribution per active participant$2,262
Median for plans this size$2,266
2023$1,896 per active participant
2022$2,262 per active participant

Rocky Mountain Eye Center, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$74,564 · 0.61%
2022$78,595 · 0.55%
Same employer
Similar plansHealth Care & Social Assistance · Colorado
Onpoint Medical Group, LLC CO$12.7M · 0.74%
Frasier Meadows Manor, Inc. CO$12.3M · 0.55%
Every Child Pediatrics CO$11.5M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841207157 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.