# Svs Vision, INC. 401(k) Plan
Source: https://planprovider.pro/companies/svs-vision-inc-401k-plan-003

> Svs Vision, INC.'s 401(k) plan: 232 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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:** 232

- **Total Assets:** $4.6M

## 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|232|$4.6M|$89,850|$302,189|

| 2023|210|$4.0M|$92,163|$284,389|

| 2022|251|$3.4M|$88,399|$262,985|

## 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 CPAS 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|$16,859|$6,182|$10,677|—|—|

| 2023|$21,005|$5,290|$9,773|$5,942|—|

| 2022|$27,453|$5,192|$10,761|—|$11,500|

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