Plan Snapshot
- Plan Sponsor: Vision Service Plan
- Sponsor EIN: 941632821
- Sponsor Address: 3333 QUALITY DRIVE, RANCHO CORDOVA, CA, 95670
- Plan Type: 401(k)
- Total Participants: 5,853
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 5,853 | $1.5B | $68.3M | $46.4M |
| 2023 | 5,776 | $1.3B | $60.9M | $42.3M |
| 2022 | 5,266 | $1.1B | $53.8M | $37.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $511,315 | — | $511,315 |
| SAGEVIEW ADVISORY GROUP LLC | INVESTMENT ADVISOR | $195,963 | — | $195,963 |
| PRUDENTIAL INVESTMENT MANAGEMENT SE | NONE | $2,358 | $7,883 | $10,241 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $717,519
- Estimated Expense Ratio: 0.049% 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 | $1,014,438 | $150,003 | $103,420 | — | — |
| 2023 | $874,246 | $166,669 | $653,116 | $7,875 | — |
| 2022 | $934,054 | — | — | — | — |