Plan Snapshot
- Plan Sponsor: Applied Visions, INC.
- Sponsor EIN: 112892034
- Sponsor Address: 6 BAYVIEW AVENUE, NORTHPORT, NY, 11768
- Plan Type: 401(k)
- Total Participants: 75
- Total Assets: $12.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 75 | $12.9M | $51,132 | $609,453 |
| 2023 | 97 | $12.0M | $64,127 | $620,939 |
| 2022 | 86 | $9.4M | $64,472 | $607,673 |
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 |
|---|---|---|---|---|
| CITRIN COOPERMAN & COMPANY LLP | AUDITOR | — | $31,000 | $31,000 |
| EDWARD D. JONES & CO L.P. | RIA | $30,674 | — | $30,674 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,674
- Estimated Expense Ratio: 0.479% 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 | $75,148 | — | $75,148 | — | — |
| 2023 | $69,599 | — | $69,599 | — | — |
| 2022 | $6,812 | — | — | — | $6,812 |