Plan Ledger DOL Form 5500 · updated monthly

Visible Changes, Inc.401(k)

VISIBLE CHANGES 401(K) AND PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Visible Changes, Inc. reported $23,008 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,731 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 0.035% to 0.031%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 788th-largest of 5,688 plans among Texas employers on file, and the 264th of 3,341 in other services. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$76,482,048
Participants with balances565
Active participants393
Employer contributions$680,266
Employee contributions$1,213,044
Employer contribution per active participant$1,731
Average account balance$135,366
Benefits paid to participants$6,822,020
Plan auditUnmodified (clean) audit opinion
AuditorSTOVAL GRANDEY & ALLEN, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$76.5M · 565 accts · $680K emplr
2023$72.4M · 542 accts · $695K emplr
2022$63.7M · 548 accts · $680K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,209
Investment management$5,799
Total administrative$23,008
The Visible Changes, Inc. 401(k) match · 2024
Employer contribution per active participant$1,731
Median for plans this size$3,635
2024$1,731 per active participant
2023$1,750 per active participant
2022$1,781 per active participant

Visible Changes, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$18,941
CHARLES SCHWAB & CO., INC. · Securities brokerage$122

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$23,008 · 0.03%
2023$21,174 · 0.03%
2022$24,519 · 0.03%
Same employer
Similar plansOther Services · Texas
Nsmg Shared Services, LLC TX$80.5M · 0.29%
Shermco Industries, Inc. TX$77.2M · 0.27%
Texas Medical Association TX$62.4M · 0.03%
Buckner International TX$60.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741940259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.