Plan Snapshot
- Plan Sponsor: Midwest Vision Partners Management Holdings, LLC
- Sponsor EIN: 834609074
- Sponsor Address: 500 W. MADISON ST., SUITE 3110, CHICAGO, IL, 60661
- Plan Type: 401(k)
- Total Participants: 1,428
- Total Assets: $57.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,428 | $57.8M | $2.5M | $4.9M |
| 2023 | 1,365 | $47.6M | $2.5M | $4.7M |
| 2022 | 1,287 | $36.9M | $2.0M | $4.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CORRIGAN KRAUSE | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $181,187 | $77,949 | $103,238 | — | — |
| 2023 | $149,119 | $69,103 | $80,016 | — | — |
| 2022 | $167,388 | $87,567 | $79,821 | — | — |