Plan Snapshot
- Plan Sponsor: American Vision Group LLC
- Sponsor EIN: 832136533
- Sponsor Address: 192 NE 168 STREET, MIAMI, FL, 33162
- Plan Type: 401(k)
- Total Participants: 199
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 199 | $2.7M | $0 | $323,763 |
| 2022 | 189 | $2.0M | $313,600 | $423,376 |
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 |
|---|---|---|---|---|
| FINANCIAL DESIGNS WEALTH MANAGEMENT | NONE | $14,728 | — | $14,728 |
| NATIONWIDE | RECORDKEEPER | $13,191 | — | $13,191 |
| GILLIAM BELL MOSER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — RECORDKEEPER
- GILLIAM BELL MOSER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,919
- Estimated Expense Ratio: 1.034% 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 | $39,080 | — | — | — | — |
| 2022 | $23,277 | $9,209 | $14,068 | — | — |