The Eye Care Group, P.C.401(k)
THE EYE CARE GROUP P.C. EMPLOYEES 401(K) PROFIT SHARING PLAN & TRUST AGREEMENT · WATERBURY, CT · plan year 2023
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
The Eye Care Group, P.C. reported $98,408 in plan administrative expenses for 2023: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,365 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 0.34% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 517th-largest of 1,106 plans among Connecticut employers on file, and the 3,387th of 11,911 in health care & social assistance. In 2023, employees put in $1.09 for every $1.00 the employer contributed.
The Eye Care Group, P.C.'s 2023 employer contribution ran above the $2,440 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 060967923 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.