Plan Snapshot
- Plan Sponsor: Quality Vision International INC.
- Sponsor EIN: 160800781
- Sponsor Address: 850 HUDSON AVENUE, ROCHESTER, NY, 14621
- Plan Type: 401(k)
- Total Participants: 295
- Total Assets: $51.9M
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 | 295 | $51.9M | $0 | $2.1M |
| 2023 | 316 | $43.2M | $2,519 | $1.9M |
| 2022 | 315 | $36.7M | $504,325 | $1.9M |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC. | INVESTMENT ADVISOR | $32,769 | — | $32,769 |
| JEFFREY L OFFHAUS CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES INC. — INVESTMENT ADVISOR
- JEFFREY L OFFHAUS CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $32,769
- Estimated Expense Ratio: 0.063% 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 | -$29,434 | $37,735 | $300 | — | — |
| 2023 | -$13,692 | $23,675 | $300 | — | — |
| 2022 | $80,817 | $4,590 | — | — | — |