Plan Ledger DOL Form 5500 · updated monthly

Wisconsin Vision, Inc.401(k)

WISCONSIN VISION, INC. 401(K) PROFIT SHARING PLAN · NEW BERLIN, WI · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Wisconsin Vision, Inc. reported $90,876 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,563 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 rose from 0.46% to 0.51%. 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 888th-largest of 1,936 plans among Wisconsin employers on file, and the 3,799th of 11,911 in health care & social assistance. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 202 to 235 since 2022.

Plan summary
Net assets, end of year$19,193,839
Participants with balances143
Active participants235
Employer contributions$367,315
Employee contributions$797,643
Employer contribution per active participant$1,563
Average account balance$134,223
Benefits paid to participants$384,919
Plan auditUnmodified (clean) audit opinion
AuditorLUCIDA LLC
Plan history3
Yearassets · accounts · employer contribution
2024$19.2M · 143 accts · $367K emplr
2023$16.3M · 134 accts · $331K emplr
2022$14.1M · 136 accts · $302K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$90,876
Total administrative$90,876
The Wisconsin Vision, Inc. 401(k) match · 2024
Employer contribution per active participant$1,563
Median for plans this size$2,416
2024$1,563 per active participant
2023$1,533 per active participant
2022$1,494 per active participant

Wisconsin Vision, Inc.'s 2024 employer contribution ran below 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
LPL FINANCIAL CORPORATION · Investment advisory (participants)indirect comp
PPG RETIREMENT PLAN SERVICES · Other servicesindirect comp
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)indirect comp

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$90,876 · 0.51%
2023$70,320 · 0.46%
2022$71,241 · 0.46%
Similar plansHealth Care & Social Assistance · Wisconsin
Associated Physicians, LLP WI$20.2M · 0.27%
United Community Center WI$19.6M · 0.35%
North Shore Healthcare, LLC WI$18.8M · 0.13%
Cumberland Healthcare WI$18.7M · 0.37%
Spooner Health System, Inc. WI$18.0M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391296491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.