Plan Snapshot
- Plan Sponsor: Vision Care Associates LLP
- Sponsor EIN: 460363581
- Sponsor Address: 310 8TH AVE NW STE 503, ABERDEEN, SD, 57401
- Plan Type: 401(k)
- Total Participants: 115
- Total Assets: $19.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 115 | $19.8M | $542,963 | $406,751 |
| 2023 | 112 | $21.5M | $525,833 | $413,801 |
| 2022 | 110 | $18.5M | $423,297 | $603,913 |
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 |
|---|---|---|---|---|
| WELLS FARGO CLEARING SERVICES LLC | ADVISOR | $36,407 | — | $36,407 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $10,462 | — | $10,462 |
| ELO PROF LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ELO PROF LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $46,869
- Estimated Expense Ratio: 0.237% of plan assets
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 | $46,869 | $36,407 | — | — | — |
| 2023 | $48,119 | $33,147 | — | — | — |
| 2022 | $48,781 | — | — | — | — |