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Industry · Form 5500 business code 621320
Offices of Optometrists: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
52 retirement plans in offices of optometrists with 100 or more participants filed Form 5500 for plan year 2024 (52 defined contribution, 0 defined benefit). All Form 5500 pension filers in the group reported 32,659 participant records and $1.21B in net assets.
The median defined contribution plan held $38,713 per participant, well below the national median of $53,031, and its employer put in $2,089 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $181 per participant against $123 nationally.
Employers contributed $35.8M and participants $89.4M during the year, and the plans paid out $148M in benefits.
In 2009 the same group numbered 49 plans with $323M; by 2024 it was 52 plans (up 6%) and $1.21B (up 273%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $38,713 | $53,031 | — | $86,234 |
| Employer contributions per active participant | $2,089 | $2,174 | — | $10,244 |
| Schedule C compensation per participant | $181 | $123 | — | $344 |
| Schedule C compensation, share of net assets | 0.37% | 0.26% | — | 0.42% |
| Administrative expenses per participant | $176 | $116 | — | $527 |
Medians across plans with 100 or more participants (49 DC and 0 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $21,641 | $38,713 | $90,678 | 49 |
| Employer contributions per active participant | $1,139 | $2,089 | $3,642 | 46 |
| Schedule C compensation per participant | $63.12 | $181 | $238 | 43 |
| Administrative expenses per participant | $50.67 | $176 | $259 | 47 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 52 | 32,659 | $1.21B | $35.8M | $89.4M | $38,713 | $181 |
| 2023 | 50 | 30,846 | $1.12B | $32.8M | $80.7M | $42,010 | $183 |
| 2022 | 57 | 32,753 | $1.04B | $39.2M | $92.9M | $32,146 | $169 |
| 2021 | 60 | 32,524 | $1.24B | $36.2M | $80.9M | $48,067 | $201 |
| 2020 | 59 | 29,410 | $1.10B | $26.8M | $68.7M | $42,085 | $153 |
| 2019 | 62 | 30,109 | $1.02B | $32.2M | $66.0M | $39,102 | $121 |
| 2018 | 64 | 27,378 | $804M | $28.4M | $57.0M | $35,422 | $122 |
| 2017 | 65 | 26,641 | $835M | $24.6M | $47.8M | $37,262 | $87.37 |
| 2016 | 64 | 25,547 | $684M | $23.0M | $42.3M | $32,739 | $61.90 |
| 2015 | 58 | 22,539 | $624M | $18.5M | $36.8M | $38,886 | $70.24 |
| 2014 | 59 | 21,729 | $594M | $16.6M | $29.9M | $30,912 | $45.42 |
| 2013 | 58 | 20,830 | $562M | $16.3M | $25.9M | $29,655 | $51.76 |
| 2012 | 56 | 20,608 | $482M | $16.4M | $23.8M | $30,510 | $60.71 |
| 2011 | 56 | 18,999 | $412M | $15.3M | $22.8M | $26,625 | $63.63 |
| 2010 | 52 | 22,750 | $408M | $12.4M | $23.3M | $32,106 | $51.40 |
| 2009 | 49 | 21,895 | $323M | $10.3M | $20.4M | $26,776 | $55.66 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 52 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 52 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Myeyedr. 401(k) Plan | Capital Vision Services, LLC | VA | DC | 8,233 | $194M | $23,583 | $972 | $54.08 |
| American Vision Partners 401(k) Plan | Medical Management Resource Group, LLC | AZ | DC | 2,233 | $71.6M | $32,055 | — | $178 |
| Vision 401(k) Plan | 401(k) Administration Management Program, Inc. | TX | DC | 1,874 | $67.4M | $35,948 | $1,506 | $231 |
| Eye Health America 401(k) Plan | Eye Health America, LLC | SC | DC | 1,408 | $45.3M | $32,180 | $1,686 | $222 |
| Refac Optical Group 401(k) Plan | Refac Optical Group | NJ | DC | 1,134 | $22.3M | $19,642 | — | $31.37 |
| US Eye 40(K) Retirement Savings Plan | CFS Management, LLC | FL | DC | 1,077 | $39.9M | $37,010 | $1,849 | $181 |
| Rodeo Dental and Orthodontics 401(k) Plan | Rox Access Network | TX | DC | 930 | $5.0M | $5,347 | — | $58.26 |
| Integrated Resources Inc. 401(k) Profit Sharing Plan & Trust | Integrated Resources, Inc. | NJ | DC | 836 | $10.9M | $13,078 | $221 | $50.23 |
| 401(k) Profit-Sharing Plan for Employees of Eye Associates of New Mexico, Ltd. | Eye Associates of New Mexico | NM | DC | 806 | $62.0M | $76,947 | $1,311 | $201 |
| Total Vision LLC 401(k) Plan | Total Vision LLC | CA | DC | 644 | $9.0M | $13,930 | $0 | $83.52 |
| The Eye Academy of America, Ltd. 401(k) Plan | The Eye Academy of America, Ltd. | CO | DC | 563 | $13.6M | $24,074 | $2,053 | $189 |
| Thomas Eye Group, P.C. 401(k) Plan | Thomas Eye Group, P.C. | GA | DC | 559 | $43.1M | $77,087 | $4,063 | $245 |
| Atlantic Vision Partners LLC Retirement Plan | Atlantic Vision Partners LLC | VA | DC | 522 | $10.5M | $20,065 | $0 | $31.81 |
| Opticsplanet, Inc. 401(k) Profit Sharing Plan and Trust | Opticsplanet, Inc. | IL | DC | 499 | $10.8M | $21,641 | $521 | $131 |
| Mt. Ogden Eye Center, LLC Profit Sharing 401(k) Plan | Mt. Ogden Eye Center, LLC | UT | DC | 467 | $10.2M | $21,919 | $3,756 | $111 |
| Essilorluxottica Puerto Rico Retirement Savings Plan 3 | Essilorluxottica USA Inc. | NY | DC | 448 | $7.4M | $16,469 | $815 | $0.52 |
| Clear Sight Partners 401(k) Plan | Clear Sight Partners, LLC | FL | DC | 411 | $6.3M | $15,235 | $728 | $159 |
| Tzvecl Management of SC, LLC 401(k) Plan | Tzvecl Management of SC, LLC | NJ | DC | 407 | $835K | $2,052 | $0 | $13.87 |
| Marcolin U.S.A. Eyewear Corp. 401(k) Plan | Marcolin U.S.A. Eyewear Corp. | NJ | DC | 391 | $27.8M | $71,086 | $3,082 | $236 |
| Discover Vision Centers 401(k) Plan | Eye Care, LLC | MO | DC | 375 | $37.1M | $98,938 | $2,014 | $212 |
| Wisconsin Vision Associates, Inc. 401(k) Profit Sharing Plan | Wisconsin Vision Associates, Inc. | WI | DC | 373 | $28.1M | $75,451 | $2,999 | $235 |
| Marion Eye Centers, Ltd., 401(k) Plan | Marion Eye Centers, Ltd. | IL | DC | 367 | $17.9M | $48,680 | $3,301 | — |
| Vistar Eye Center, Inc. 401(k) Profit Sharing Plan and Trust | Vistar Eye Center, Inc. | VA | DC | 331 | $46.7M | $141,088 | $5,497 | $126 |
| Tzvecl Management of Co. 401(k) Plan | Tzvecl Management of Co., LLC | NJ | DC | 322 | $368K | $1,144 | $0 | — |
| Eye Consultants of Pennsylvania 401(k) Profit Sharing Plan | Eye Consultants of Pennsylvania | PA | DC | 297 | $41.7M | $140,443 | $6,032 | — |
| L. O. Eye Care Employee Retirement Plan | L.O. Eye Care | MI | DC | 294 | $26.7M | $90,678 | $3,120 | $198 |
| Eye Consultants of Atlanta, P.C. Profit Sharing Plan and Trust | Eye Consultants of Atlanta, P.C. | GA | DC | 274 | $45.1M | $164,652 | $10,336 | $12.86 |
| CH Emmaus 401(k) Retirement Savings Plan | CH Emmaus, Inc. | NY | DC | 269 | $8.0M | $29,702 | $762 | $2.95 |
| Wisconsin Vision, Inc. 401(k) Profit Sharing Plan | Wisconsin Vision, Inc. | WI | DC | 265 | $19.2M | $72,430 | $1,563 | $219 |
| Midwest Eye Care 401(k) Plan | Midwest Eye Care, P.C. | NE | DC | 252 | $33.5M | $133,104 | $5,305 | $240 |
| Millennium Vision, PC 401(k) Profit Sharing Plan | Millennium Vision, Inc. | AZ | DC | 252 | $9.7M | $38,452 | $1,983 | $142 |
| SVS Vision, Inc. Union Employees 401 K Profit Sharing Plan | SVS Vision, Inc. | MI | DC | 248 | $4.6M | $18,441 | $387 | $67.98 |
| Eye Specialists of Mid-Florida, P.A. 401(k) Plan | Eye Specialists of Mid-Florida, P.A. | FL | DC | 242 | $17.9M | $73,816 | $2,279 | $381 |
| Simon Eye Management LLC 401(k) Profit Sharing Plan & Trust | Simon Eye Management LLC | DE | DC | 239 | $9.9M | $41,373 | $2,124 | $156 |
| Thurmond Eye Associates 401(k) Retirement Plan | Thurmond Eye Associates, P.A. | TX | DC | 235 | $4.6M | $19,705 | $1,130 | — |
| Woolfson Eye Institute 401(k) Plan | Jbear Enterprises, LLC | GA | DC | 205 | $2.1M | $10,294 | $1,211 | $85.17 |
| North Idaho Eye Institute, PA 401(k) Profit Sharing Plan | North Idaho Eye Institute, PA | ID | DC | 197 | $13.1M | $66,737 | $4,387 | $194 |
| Eyecare Medical Group Employee Stock Ownership 401(k) Plan | Eyecare Medical Group | ME | DC | 181 | $18.8M | $104,014 | $2,520 | $410 |
| VRF Eye Specialty Group 401(k) Plan | VRF Eye Specialty Group, PLC | TN | DC | 181 | $7.0M | $38,713 | $2,005 | $28.29 |
| New Jersey Eye and Ear 401(k) Profit Sharing Plan | New Jersey Eye and Ear LLC | NJ | DC | 174 | $4.9M | $28,257 | $2,909 | — |
By plan size
By state
Questions and answers
How many retirement plans are there in offices of optometrists?
52 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 163 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in offices of optometrists?
The median defined contribution plan reported $38,713 in net assets per participant (middle half of plans: $21,641 to $90,678); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in offices of optometrists?
The median defined contribution plan received $2,089 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in offices of optometrists?
Among defined contribution plans that report any Schedule C compensation, the median was $181 per participant and 0.37% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.