Plan Ledger DOL Form 5500 · updated monthly

Vrf Eye Specialty Group, PLC401(k)

VRF EYE SPECIALTY GROUP 401(K) PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Vrf Eye Specialty Group, PLC reported $5,121 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,005 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 3 years on file its reported administrative ratio has held roughly steady near 0.074%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Tennessee (960th of 1,496), and 6,869th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has shrunk from 146 to 111 since 2022.

Plan summary
Net assets, end of year$7,007,062
Participants with balances124
Active participants111
Employer contributions$222,608
Employee contributions$420,415
Employer contribution per active participant$2,005
Average account balance$56,509
Benefits paid to participants$1,304,305
Plan auditDisclaimer of opinion
AuditorPEARCE, BEVILL, LEESBURG, MOORE, PC
Plan history3
Yearassets · accounts · employer contribution
2024$7.0M · 124 accts · $223K emplr
2023$6.8M · 142 accts · $226K emplr
2022$6.4M · 146 accts · $239K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,121
Total administrative$5,121
The Vrf Eye Specialty Group, PLC 401(k) match · 2024
Employer contribution per active participant$2,005
Median for plans this size$1,313
2024$2,005 per active participant
2023$1,369 per active participant
2022$1,637 per active participant

Vrf Eye Specialty Group, PLC's 2024 employer contribution ran above the $1,313 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 · 20241
THE RETIREMENT PLAN COMPANY · Investment advisory (plan)$5,121

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$5,121 · 0.07%
2023$3,838 · 0.06%
2022$4,982 · 0.07%
Similar plansHealth Care & Social Assistance · Tennessee
Southern Health Partners TN$7.7M · 1.67%
Buffalo Valley, Inc. TN$7.6M · 0.91%
Diversified Health Care TN$7.4M · 0.70%
Hutsonwood, Inc. TN$7.0M · 0.16%
Savida Management, Inc. TN$6.2M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621463001 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.