Plan Snapshot
- Plan Sponsor: Quality Vision International INC.
- Sponsor EIN: 160800781
- Sponsor Address: 850 HUDSON AVENUE, ROCHESTER, NY, 146214839
- Plan Type: DC
- Total Participants: 272
- Total Assets: $19.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 272 | $19.5M | $1.1M | $0 |
| 2023 | 286 | $18.9M | $1.1M | $0 |
| 2022 | 281 | $18.2M | $1.0M | $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 |
|---|---|---|---|---|
| USI CONSULTING GROUP | NONE | $48,208 | — | $48,208 |
| UBS FINANCIAL ADVISORS | NONE | $40,900 | — | $40,900 |
| NEWPORT GROUP INC. | NONE | $5,210 | — | $5,210 |
| 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 ADVISORS — NONE
- 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: $94,318
- Estimated Expense Ratio: 0.485% 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 | $92,446 | $40,900 | $48,208 | — | — |
| 2023 | $89,594 | $40,000 | $44,384 | — | — |
| 2022 | $81,784 | $30,000 | $51,784 | — | — |