Designs For Vision, Inc. Profit Sharing 401(K) Plan — Form 5500 plan (Designs For Vision, Inc.)

Plain-English plan 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, Designs For Vision, Inc. Profit Sharing 401(K) Plan is a benefit plan reported by Designs For Vision, Inc. under EIN 13-1956568 and plan number 001. The latest loaded filing year is 2023. The filing reports 247 participants and $21,586,921 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Designs For Vision, Inc.
EIN
13-1956568
Plan number
001
Plan type
2
Location
Bohemia, NY
Latest filing year
2023
Participants
247
End-of-year plan assets
$21,586,921

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023247H, C20241014143320NAL0015111603001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$21,586,921
Total liabilities (EOY)
$0
Net assets (EOY)
$21,586,921
Net assets (BOY)
$18,479,424

Income & contributions

Employer contributions
$151,825
Participant contributions
$1,108,681
Total contributions
$1,768,104
Total income / additions
$4,186,987

Expenses & distributions

Benefits paid
$1,033,045
Administrative expenses
$3,870
Total expenses
$1,079,490
Net increase / (decrease)
$3,107,497

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Commonwealth Financial NetworkSERVICE PROVIDER$0$39,4062023
Associated Pension Consultants, IncTHIRD PARTY ADMINISTRATI$0$9,6092023

Related Form 5500 pages