Plan Snapshot
- Plan Sponsor: Designs For Vision, INC.
- Sponsor EIN: 131956568
- Sponsor Address: 4000 VETERANS MEMORIAL HIGHWAY, BOHEMIA, NY, 117161024
- Plan Type: 401(k)
- Total Participants: 209
- Total Assets: $22.4M
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 | 209 | $22.4M | $144,463 | $1.1M |
| 2023 | 207 | $21.6M | $151,825 | $1.1M |
| 2022 | 196 | $18.5M | $143,054 | $1.0M |
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 |
|---|---|---|---|---|
| HERTZ HERSON CPA LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HERTZ HERSON CPA LLP — Auditor
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 | $5,275 | — | $4,400 | — | — |
| 2023 | $3,870 | — | — | — | — |
| 2022 | $3,450 | — | — | — | — |