Plan Ledger DOL Form 5500 · updated monthly

Visionary Eye Care Partners401(k)

VISIONARY EYE CARE PARTNERS 401(K) PLAN · WATERBURY, CT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Visionary Eye Care Partners reported $6,872 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $598 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.

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 354th-largest of 1,106 plans among Connecticut employers on file, and the 2,312th of 11,911 in health care & social assistance. In 2024, employees put in $1.58 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,238,030
Participants with balances591
Active participants866
Employer contributions$517,566
Employee contributions$818,088
Employer contribution per active participant$598
Average account balance$64,701
Benefits paid to participants$318,275
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$6,872
Total administrative$6,872
The Visionary Eye Care Partners 401(k) match · 2024
Employer contribution per active participant$598
Median for plans this size$2,416

Visionary Eye Care Partners's 2024 employer contribution ran below the $2,416 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
KATHMERE CAPITAL MANAGEMENT LLC · Investment advisory (plan)$6,872

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

Administrative cost history1
2024$6,872 · 0.02%
Similar plansHealth Care & Social Assistance · Connecticut
Ivs Intermediate, LLC CT$55.3M · 0.20%
Gaylord Hospital, Inc. CT$51.0M · 0.29%
Prime Healthcare, PC CT$41.4M · 0.19%
Americares Foundation, Inc. CT$36.9M · 0.35%
McLean Affiliates, Inc. CT$36.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320561575 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.