Plan Ledger DOL Form 5500 · updated monthly

Williamson Eye Center, Apmc401(k)

THE WILLIAMSON EYE CENTER 401(K) PLAN · BATON ROUGE, LA · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Williamson Eye Center, Apmc reported $74,806 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $357 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 1.04%. 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 Louisiana (524th of 884), and 6,759th of 11,911 in health care & social assistance. In 2024, employees put in $7.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,231,870
Participants with balances156
Active participants206
Employer contributions$73,515
Employee contributions$540,170
Employer contribution per active participant$357
Average account balance$46,358
Benefits paid to participants$1,255,686
Plan auditUnmodified (clean) audit opinion
AuditorHANNIS T. BOURGEOIS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 156 accts · $74K emplr
2023$7.2M · 148 accts · $97K emplr
2022$5.9M · 154 accts · $68K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$74,806
Total administrative$74,806
The Williamson Eye Center, Apmc 401(k) match · 2024
Employer contribution per active participant$357
Median for plans this size$1,313
2024$357 per active participant
2023$455 per active participant
2022$350 per active participant

Williamson Eye Center, Apmc's 2024 employer contribution ran below the $1,313 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
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$38,642
MERRILL LYNCH · Investment advisory (participants)$27,143

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$74,806 · 1.04%
2023$70,622 · 1.08%
2022$61,648 · 1.00%
Similar plansHealth Care & Social Assistance · Louisiana
Teche Action Board Inc. LA$8.0M · 0.60%
The Therapy Center of Jdp LA$7.8M · 0.71%
Team Staffing, LLC LA$7.2M · 1.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721068047 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.