Plan Ledger DOL Form 5500 · updated monthly

Visionworks of America, Inc.401(k)

VISIONWORKS OF AMERICA, INC. 401(K) SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Visionworks of America, Inc. reported $182,123 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $347 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 458th-largest of 5,688 plans among Texas employers on file, and the 256th of 5,215 in retail trade. In 2024, employees put in $2.68 for every $1.00 the employer contributed; active participation has grown from 6,706 to 11,301 since 2022.

Plan summary
Net assets, end of year$159,226,528
Participants with balances2,699
Active participants11,301
Employer contributions$3,922,748
Employee contributions$10,522,590
Employer contribution per active participant$347
Average account balance$58,995
Benefits paid to participants$19,906,267
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$159.2M · 2,699 accts · $3.9M emplr
2023$147.2M · 2,696 accts · $3.7M emplr
2022$138.9M · 2,875 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$179,412
Investment management$2,516
Total administrative$182,123
The Visionworks of America, Inc. 401(k) match · 2024
Employer contribution per active participant$347
Median for plans this size$3,635
2024$347 per active participant
2023$671 per active participant
2022$682 per active participant

Visionworks of America, 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
EMPOWER ANNUITY INSURANCE COMPANY O · Contract administrator · Recordkeeping$179,412
SAGEVIEW ADVISORY GROUP, LLC · Investment management$2,516

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

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Visionworks of America, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$182,123 · 0.12%
2023$190,025 · 0.13%
2022$191,066 · 0.13%
Similar plansRetail Trade · Texas
Firstcash Holdings, Inc. TX$257.3M · 0.29%
Fleetpride, Inc. TX$187.0M · 0.31%
Brookshire Brothers, Inc. TX$166.7M · 0.19%
Gamestop, Corp. TX$157.6M · 0.32%
Visionworks of America, Inc. TX$146.6M · 0.13%
James Avery Craftsman, Inc. TX$144.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251801124 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.