Plan Snapshot
- Plan Sponsor: Vision Management Services, LLC
- Sponsor EIN: 821291115
- Sponsor Address: 325 WEST HURON STREET, SUITE 700, CHICAGO, IL, 60654
- Plan Type: 401(k)
- Total Participants: 4,374
- Total Assets: $31.0M
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 | 4,374 | $31.0M | $0 | $8.4M |
| 2023 | 4,256 | $23.4M | $0 | $7.7M |
| 2022 | 3,424 | $13.2M | $0 | $6.6M |
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 |
|---|---|---|---|---|
| PCS RETIREMENT LLC | TPA | $249,825 | — | $249,825 |
| MH CPA PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PCS RETIREMENT LLC — TPA
- MH CPA PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $249,825
- Estimated Expense Ratio: 0.805% 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 | $249,823 | — | $249,823 | — | — |
| 2023 | $72,848 | — | $72,848 | — | — |
| 2022 | $73,832 | $4,995 | $68,837 | — | — |