2023 Form 5500 filing — Designs For Vision, Inc. Profit Sharing 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014143320NAL0015111603001) for Designs For Vision, Inc. Profit Sharing 401(K) Plan, reported by Designs For Vision, Inc. under EIN 13-1956568 and plan number 001. It reports 247 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$21.6MReported net assets$21,586,921
Participants247
Provider compensation$49K2 Schedule C row(s)$49,015
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241014143320NAL0015111603001
- Plan sponsor
- Designs For Vision, Inc.
- EIN
- 13-1956568
- Plan number
- 001
- Location
- Bohemia, NY
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$21.6M total assets
Net assets$21.6MLiabilities$0
Full reported line items
- Total assets (EOY)
- $21,586,921
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,586,921
- Employer contributions
- $151,825
- Participant contributions
- $1,108,681
- Total income / additions
- $4,186,987
- Benefits paid
- $1,033,045
- Administrative expenses
- $3,870
- Total expenses
- $1,079,490
- Net increase / (decrease)
- $3,107,497
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Commonwealth Financial Network | SERVICE PROVIDER | $0 | $39,406 |
| Associated Pension Consultants, Inc | THIRD PARTY ADMINISTRATI | $0 | $9,609 |