Plan Ledger DOL Form 5500 · updated monthly

West Georgia Eye Care Center401(k)

WEST GEORGIA EYE CARE CENTER 401(K) PROFIT SHARING PLAN · COLUMBUS, GA · plan year 2022

Reported admin expense ratio · 2022
1.11%

West Georgia Eye Care Center reported $111,433 in plan administrative expenses for 2022: 1.11% of average plan assets, higher than ~90% of peers. 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 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Georgia (2,099th of 2,160), and 11,495th of 11,911 in health care & social assistance. In 2022, the employer put in $1.26 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$379,175
Participants with balances37
Active participants0
Employer contributions$456,796
Employee contributions$362,530
Employer contribution per active participant—
Average account balance$10,248
Benefits paid to participants$16,574,006
Plan auditUnmodified (clean) audit opinion
AuditorCEDAR HILL CPA'S AND ADVISORS, LLC
Administrative expenses, itemized · 2022
Professional / advisory$111,433
Total administrative$111,433
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$111,433 · 1.11%
Similar plansHealth Care & Social Assistance · Georgia
Mlh Salude - Gwinnett LLC GA$505K · 0.80%
The Place at Martinez GA$405K · 0.09%
Chmk Associates Inc GA$183K · 1.16%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 581075293 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.