Plan Snapshot
- Plan Sponsor: C-Vision INC
- Sponsor EIN: 201030495
- Sponsor Address: 3150 LIVERNOIS RD STE 140, TROY, MI, 480835000
- Plan Type: 401(k)
- Total Participants: 53
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 53 | $1.5M | $21,373 | $214,406 |
| 2023 | 62 | $1.3M | $16,799 | $185,301 |
| 2022 | 71 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| THE JOSEPH GROUP, PLLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $216,641 | — | $6,274 | — | — |
| 2023 | $60,114 | — | $5,046 | — | — |
| 2022 | — | — | — | — | — |