Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Eye Care Centers of America
Eye Care Centers of America 401(k)
- Retail trade
- San Antonio, TX
- EIN 74-2337775
- 1 plan with Schedule H financials
- Plan year 2023
- Eye Care Centers of America Inc
- filed as Visionworks of America, Inc.
Administrative expenses excluding investment management, per participant · Visionworks of America, Inc. 401(k) Savings Plan · plan year 2023
$70.48
Higher than 40% of the 7,895 plans $50 to 250M that report it.
Source
= $190,025 / 2,696
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250416143521NAL0005138049001, received 2025-04-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250416143521NAL0005138049001, received 2025-04-16
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2025-04-16.
Cost and contributions
Administrative expenses per participant
$70.48
Higher than 27% of the 8,189 plans $50 to 250M that report it.
Source
= $190,025 / 2,696
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250416143521NAL0005138049001, received 2025-04-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250416143521NAL0005138049001, received 2025-04-16
Administrative expenses as a share of assets
0.129%
Higher than 49% of the 8,206 plans $50 to 250M that report it.
Source
= $190,025 / $147,364,221
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250416143521NAL0005138049001, received 2025-04-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250416143521NAL0005138049001, received 2025-04-16
Employer contributions per participant
$1,277
Higher than 17% of the 8,268 plans $50 to 250M that report it.
Source
= $3,441,646 / 2,696
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250416143521NAL0005138049001, received 2025-04-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250416143521NAL0005138049001, received 2025-04-16
Employer share of total contributions
22.9%
Higher than 27% of the 8,285 plans $50 to 250M that report it.
Source
= $3,441,646 / $15,023,306
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250416143521NAL0005138049001, received 2025-04-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250416143521NAL0005138049001, received 2025-04-16
Plan terms, as stated in Eye Care Centers of America Inc's SEC filings
Plan terms are described in Eye Care Centers of America Inc's SEC filings: Form 10-K filed 2009-03-24. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250416143521NAL0005138049001, received 2025-04-16
Full record, Visionworks of America, Inc. 401(k) Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | VISIONWORKS OF AMERICA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Plan name | VISIONWORKS OF AMERICA, INC. 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Sponsor EIN / plan number | 74-2337775 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Sponsor location | SAN ANTONIO, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Industry (business code) | 446130, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Filing received | 2025-04-16 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Participants, beginning of year | 7,563 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Active participants | 5,459 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Participants, end of year | 6,288 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Participants with an account balance | 2,696 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Total assets, beginning of year | $139,678,497 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Total assets, end of year | $147,364,221 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Net assets, end of year | $146,611,932 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Total income | $33,564,020 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Net income | $18,517,480 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Employer contributions | $3,441,646 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Participant contributions | $10,049,646 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Other contributions (incl. rollovers) | $1,532,014 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Total contributions | $15,023,306 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Benefit payments | $14,040,996 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Total expenses (incl. benefit payments) | $15,046,540 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Total administrative expenses | $190,025 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Contract administrator fees | $187,505 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Administrative expenses excluding investment management | $190,025 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Held in common/collective trusts | $99,445,332 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Held in mutual funds | $27,003,506 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250416143521NAL0005138049001, received 2025-04-16 |
| Independent auditor | CLIFTONLARSONALLEN LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250416143521NAL0005138049001, received 2025-04-16 |
Position = column in the DOL layout for form year 2023. Filing 20250416143521NAL0005138049001, received 2025-04-16.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRUDENTIAL RETIREMENT INSURANCE ANDrecordkeeper | NONE | 13 Contract administrator; 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees | $187,505 | yes |
| PRUDENTIAL INVESTMENT MANAGEMENT SE | NONE | 63 Distribution (12b-1) fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250416143521NAL0005138049001, received 2025-04-16.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Alerts, claims and corrections
Sponsor name as filed: VISIONWORKS OF AMERICA, INC.; SEC registrant: EYE CARE CENTERS OF AMERICA INC (CIK 759896, matched by EIN).