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 2023

Reported admin expense ratio · 2023
0.13%

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

Visionworks of America, Inc. reported $190,025 in plan administrative expenses for 2023: 0.13% of average plan assets, above the peer median. Employer contributions averaged $630 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 $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 480th-largest of 5,688 plans among Texas employers on file, and the 275th of 5,215 in retail trade. In 2023, employees put in $2.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$146,611,932
Participants with balances2,696
Active participants5,459
Employer contributions$3,441,646
Employee contributions$10,049,646
Employer contribution per active participant$630
Average account balance$54,381
Benefits paid to participants$14,040,996
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$187,505
Total administrative$190,025
The Visionworks of America, Inc. 401(k) match · 2023
Employer contribution per active participant$630
Median for plans this size$3,659

Visionworks of America, Inc.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRUDENTIAL RETIREMENT INSURANCE AND · Contract administrator · Recordkeeping$187,505

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

Administrative cost history1
2023$190,025 · 0.13%
Same employer
Similar plansRetail Trade · Texas
Fleetpride, Inc. TX$187.0M · 0.31%
Brookshire Brothers, Inc. TX$166.7M · 0.19%
Visionworks of America, Inc. TX$159.2M · 0.12%
Gamestop, Corp. TX$157.6M · 0.32%
James Avery Craftsman, Inc. TX$144.9M · 0.04%
Bruckner Truck Sales, Inc. TX$122.5M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742337775 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.