Plan Ledger DOL Form 5500 · updated monthly

The Eye Physicians, LLC dba Adventus Eye Care401(k)

ADVENTUS EYE CARE 401(K) PROFIT SHARING PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

The Eye Physicians, LLC dba Adventus Eye Care reported $82,656 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $6,520 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 0.26% to 0.24%. 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 819th-largest of 3,295 plans among Ohio employers on file, and the 2,348th of 11,911 in health care & social assistance. In 2024, the employer put in $1.09 for every $1.00 employees contributed themselves; active participation has shrunk from 204 to 175 since 2022.

Plan summary
Net assets, end of year$37,555,943
Participants with balances253
Active participants175
Employer contributions$1,141,014
Employee contributions$1,050,599
Employer contribution per active participant$6,520
Average account balance$148,442
Benefits paid to participants$2,370,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.6M · 253 accts · $1.1M emplr
2023$30.7M · 297 accts · $1.4M emplr
2022$28.7M · 308 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$82,656
Total administrative$82,656
The The Eye Physicians, LLC dba Adventus Eye Care 401(k) match · 2024
Employer contribution per active participant$6,520
Median for plans this size$2,416
2024$6,520 per active participant
2023$5,348 per active participant
2022$6,608 per active participant

The Eye Physicians, LLC dba Adventus Eye Care's 2024 employer contribution ran above the $2,416 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.

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 · 20243
THE JOSEPH GROUP LLC · Investment advisory (participants) · Investment advisory (plan)$9,145

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$82,656 · 0.24%
2023$95,642 · 0.32%
2022$74,199 · 0.26%
Same employer
Similar plansHealth Care & Social Assistance · Ohio
Family Health, Inc. OH$41.2M · 0.00%
Ohioguidestone OH$39.7M · 0.47%
Fulton County Health Center OH$38.3M · 0.45%
Cora Health Services, Inc. OH$36.4M · 0.92%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842440535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.