Plan Ledger DOL Form 5500 · updated monthly

San Antonio Eye Center401(k)

SAN ANTONIO EYE CENTER 401(K) PROFIT SHARING PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

San Antonio Eye Center reported $31,326 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $2,083 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 3 years on file its reported administrative ratio has held roughly steady near 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (3,061st of 5,688), and the 5,672nd of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has shrunk from 236 to 149 since 2022.

Plan summary
Net assets, end of year$10,061,906
Participants with balances206
Active participants149
Employer contributions$310,362
Employee contributions$585,370
Employer contribution per active participant$2,083
Average account balance$48,844
Benefits paid to participants$794,361
Plan auditUnmodified (clean) audit opinion
AuditorBROCKWAY GERSBACH FRANKLIN & NIEMEI
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 206 accts · $310K emplr
2023$8.8M · 204 accts · $276K emplr
2022$7.7M · 216 accts · $310K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,326
Total administrative$31,326
The San Antonio Eye Center 401(k) match · 2024
Employer contribution per active participant$2,083
Median for plans this size$1,313
2024$2,083 per active participant
2023$1,780 per active participant
2022$1,313 per active participant

San Antonio Eye Center's 2024 employer contribution ran above the $1,313 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

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$31,326 · 0.33%
2023$28,265 · 0.34%
2022$26,369 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Spine Team Texas, P.A. TX$10.2M · 0.37%
Work Services Corporation TX$10.1M · 0.15%
Aoc Opco, LLC TX$10.0M · 0.89%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741916103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.