Plan Ledger DOL Form 5500 · updated monthly

The Eye Center of Central PA, LLP401(k)

THE EYE CENTER OF CENTRAL PA, LLP 401K PROFIT SHARING PLAN · MIFFLINBURG, PA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

The Eye Center of Central PA, LLP reported $67,100 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,696 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 0.47%. 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 1,818th-largest of 3,651 plans among Pennsylvania employers on file, and the 4,414th of 11,911 in health care & social assistance. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 69 to 86 since 2022.

Plan summary
Net assets, end of year$15,345,170
Participants with balances128
Active participants86
Employer contributions$231,819
Employee contributions$418,812
Employer contribution per active participant$2,696
Average account balance$119,884
Benefits paid to participants$439,241
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 128 accts · $232K emplr
2023$13.3M · 137 accts · $323K emplr
2022$11.1M · 137 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,100
Total administrative$67,100
The The Eye Center of Central PA, LLP 401(k) match · 2024
Employer contribution per active participant$2,696
Median for plans this size$2,416
2024$2,696 per active participant
2023$4,092 per active participant
2022$4,418 per active participant

The Eye Center of Central PA, LLP's 2024 employer contribution ran above 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
ALERUS FINANCIAL · Recordkeeping · Custodial (securities)$66,900

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$67,100 · 0.47%
2023$56,732 · 0.47%
2022$59,238 · 0.48%
Similar plansHealth Care & Social Assistance · Pennsylvania
Waverly Senior Services PA$15.3M · 0.03%
Ccn America, LP PA$15.3M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 232196399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.