Plan Snapshot
- Plan Sponsor: Visionpoint Eye Center, PLLC
- Sponsor EIN: 831485877
- Sponsor Address: 1107 AIRPORT ROAD, BLOOMINGTON, IL, 61704
- Plan Type: 401(k)
- Total Participants: 139
- Total Assets: $19.6M
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 | 139 | $19.6M | $626,887 | $542,838 |
| 2023 | 117 | $16.4M | $568,155 | $513,069 |
| 2022 | 115 | $13.9M | $507,706 | $463,270 |
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 |
|---|---|---|---|---|
| DAVID VAUGHN INVESTMENTS, LLC | INVESTMENT ADVISOR | $63,226 | — | $63,226 |
| ALLIANCE PENSION CONSULTANTS, LLC | RECORDKEEPER | $25,845 | — | $25,845 |
| CLIFTONLARSENALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVID VAUGHN INVESTMENTS, LLC — INVESTMENT ADVISOR
- CLIFTONLARSENALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,071
- Estimated Expense Ratio: 0.455% 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 | $94,833 | $68,059 | — | — | — |
| 2023 | $71,736 | $29,875 | — | — | — |
| 2022 | $68,051 | $23,615 | — | — | $18,156 |