Retirement plan

KEPLR VISION 401(K) PLAN

Name: IMPERIAL OPTICAL MIDCO INC. - KEPLR VISION 401(K) PLAN (2022) Form 5500
Creator: IMPERIAL OPTICAL MIDCO INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEPLR VISION 401(K) PLAN, IMPERIAL OPTICAL MIDCO INC.

IMPERIAL OPTICAL MIDCO INC.EIN 82-4641344Plan #001PY 2022

112 E WASHINGTON STREET 12TH FLOOR - BLOOMINGTON, IL 61701309-808-3112

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$50.2M

+18.1% from 2021

Total participants

3,037

0.0% from 2021

Average account balance

$33,359

+19.5% from 2021

Annual return

-4.38%

-80.02 pp from 2021

Benchmarks

See 367 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort367 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$83.05M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$50K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,654

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

46.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.97%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$255

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
PENSION CORPORATION OF AMERICA3+ years Service code 13 · EIN 31-1360674	Contract Administrator	$216,234
PCA INVESTMENT ADVISORY SERVICES3+ years Service code 27 · EIN 59-3766965	Advisory (Plan)	$54,728
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB TRUST BANK Service code 25 · EIN 82-3967259	Directed Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$271K

$96 / participant

Investment mgmt$55K20.2%
Contract admin$216K79.8%

% of EOY assets

0.540%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: STRIEGEL KNOBLOCH & COMPANY, LLC
Auditor EIN: 371122831
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,359

$39,973-16.5%

$79,580-58.1%

$77,906-57.2%

Participation rate

45.8%

64.6%-18.7pp

69.5%-23.6pp

73.7%-27.8pp

Annual return

-4.38%

3.42%-7.8pp

0.15%-4.5pp

12.16%-16.5pp

Employer contribution / active EE

$1,433

$1,088+31.7%

$2,413-40.6%

$2,846-49.7%

Participant deferral / active EE

$3,070

$2,774+10.6%

$3,985-23.0%

$4,805-36.1%

Admin fee / account holder

$180

$113+59.5%

$6,835-97.4%

$133+35.8%

Provider

Service type

Compensation

PENSION CORPORATION OF AMERICA3+ years

Service code 13 · EIN 31-1360674

Contract Administrator

$216,234

PCA INVESTMENT ADVISORY SERVICES3+ years

Service code 27 · EIN 59-3766965

Advisory (Plan)

$54,728

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 25 · EIN 82-3967259

Directed Trustee

KEPLR VISION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEPLR VISION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion