Plan Snapshot
- Plan Sponsor: Svs Vision, INC.
- Sponsor EIN: 383353735
- Sponsor Address: 118 CASS AVENUE, MT. CLEMENS, MI, 48043
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 0 | $22.9M | $0 | $1.5M |
| 2023 | 295 | $20.9M | $0 | $1.4M |
| 2022 | 309 | $18.1M | $0 | $1.4M |
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 |
|---|---|---|---|---|
| FREEDMAN & GOLDBERG, CPA, P.C. | 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 | $97,006 | $45,249 | $51,757 | — | — |
| 2023 | $74,795 | $29,014 | $45,781 | — | — |
| 2022 | $84,050 | $27,572 | $44,978 | — | $11,500 |