Plan Ledger DOL Form 5500 · updated monthly

Vsp Ventures Optometric Solutions LLC401(k)

VSP VENTURES OPTOMETRIC SOLUTIONS 401(K) PLAN · RANCHO CORDOVA, CA · plan year 2023

Reported admin expense ratio · 2023
0.44%

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

Vsp Ventures Optometric Solutions LLC reported $7,423 in plan administrative expenses for 2023: 0.44% of average plan assets, below the peer median. Employer contributions averaged $294 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 3.69% to 0.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (8,327th of 9,483), and 4,660th of 4,798 in finance & insurance. In 2023, employees put in $2.85 for every $1.00 the employer contributed; active participation has shrunk from 398 to 308 since 2022.

Plan summary
Net assets, end of year$1,953,815
Participants with balances79
Active participants308
Employer contributions$90,571
Employee contributions$258,197
Employer contribution per active participant$294
Average account balance$24,732
Benefits paid to participants$280,928
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.9M · 96 accts · $75K emplr
2023$2.0M · 79 accts · $91K emplr
2022$1.5M · 89 accts · $95K emplr
The Vsp Ventures Optometric Solutions LLC 401(k) match · 2023
Employer contribution per active participant$294
Median for plans this size$1,308
2024$209 per active participant
2023$294 per active participant
2022$238 per active participant

Vsp Ventures Optometric Solutions LLC's 2023 employer contribution ran below the $1,308 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 · 20231
PRUDENTIAL RETIREMENT INSURANCE AND · Contract administrator · Recordkeeping$7,424

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 Vsp Ventures Optometric Solutions LLC 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$6,677 · 0.34%
2023$7,423 · 0.44%
2022$49,519 · 3.69%
Similar plansFinance & Insurance · California
Trovata, Inc. CA$2.7M · 0.14%
Clearpath Lending CA$2.6M · 0.09%
The Aligned Company CA$1.5M · 0.25%
Maverick Bankcard Inc CA$1.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842383097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.