Plan Ledger DOL Form 5500 · updated monthly

Vision Partners LLC401(k)

VISION PARTNERS LLC 401(K) PROFIT SHARING PLAN · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Vision Partners LLC reported $161,198 in plan administrative expenses for 2024: 0.35% of average plan assets, above the peer median. Employer contributions averaged $1,899 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 0.58% to 0.35%. 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 1,747th-largest of 9,483 plans among California employers on file, and the 1,855th of 11,911 in health care & social assistance. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 433 to 681 since 2022.

Plan summary
Net assets, end of year$50,869,320
Participants with balances691
Active participants681
Employer contributions$1,293,282
Employee contributions$2,820,703
Employer contribution per active participant$1,899
Average account balance$73,617
Benefits paid to participants$6,476,737
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.9M · 691 accts · $1.3M emplr
2023$40.6M · 633 accts · $1.2M emplr
2022$23.6M · 402 accts · $724K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$144,315
Investment management$16,883
Total administrative$161,198
The Vision Partners LLC 401(k) match · 2024
Employer contribution per active participant$1,899
Median for plans this size$2,416
2024$1,899 per active participant
2023$1,659 per active participant
2022$1,673 per active participant

Vision Partners LLC's 2024 employer contribution ran below 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 · 20246
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$55,857
ACTUARIES UNLIMITED INC. · Contract administrator$16,200
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage$300

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$161,198 · 0.35%
2023$189,185 · 0.59%
2022$114,879 · 0.58%
Same employer
Similar plansHealth Care & Social Assistance · California
Fairchild Medical Center CA$51.4M · 0.08%
Jwch Institute, Inc. CA$49.1M · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 371882078 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.