Plan Ledger DOL Form 5500 · updated monthly

Wisconsin Vision Associates, Inc.401(k)

WISCONSIN VISION ASSOCIATES, INC. 401K PROFIT SHARING PLAN · BURLINGTON, WI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Wisconsin Vision Associates, Inc. reported $87,504 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $2,999 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 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 668th-largest of 1,936 plans among Wisconsin employers on file, and the 2,908th of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 300 to 344 since 2022.

Plan summary
Net assets, end of year$28,143,343
Participants with balances321
Active participants344
Employer contributions$1,031,495
Employee contributions$2,112,034
Employer contribution per active participant$2,999
Average account balance$87,674
Benefits paid to participants$1,506,926
Plan auditUnmodified (clean) audit opinion
AuditorVRAKAS ADVISORS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 321 accts · $1.0M emplr
2023$23.2M · 293 accts · $913K emplr
2022$17.8M · 298 accts · $795K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,213
Investment management$42,004
Trustee / custodial$8,287
Total administrative$87,504
The Wisconsin Vision Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$2,999
Median for plans this size$2,416
2024$2,999 per active participant
2023$2,974 per active participant
2022$2,649 per active participant

Wisconsin Vision Associates, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$37,213
WEALTH ENHANCEMENT GROUP · Investment advisory (participants) · Investment advisory (plan)$42,004
NEWPORT TRUST COMPANY · Custodial · Trustee (discretionary)$8,287

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$87,504 · 0.34%
2023$67,817 · 0.33%
2022$64,730 · 0.33%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Lakeland Care, Inc. WI$29.4M · 0.03%
Wellpoint Care Network WI$26.9M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391418138 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.