Qvi Profit Sharing Retirement Plan — Form 5500 plan (Quality Vision International 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, Qvi Profit Sharing Retirement Plan is a benefit plan reported by Quality Vision International Inc. under EIN 16-0800781 and plan number 001. The latest loaded filing year is 2023. The filing reports 425 participants and $18,898,720 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Quality Vision International Inc.
- EIN
- 16-0800781
- Plan number
- 001
- Plan type
- 2
- Location
- Rochester, NY
- Latest filing year
- 2023
- Participants
- 425
- End-of-year plan assets
- $18,898,720
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 425 | H, C | 20250826121231NAL0004440163001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,898,720
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,898,720
- Net assets (BOY)
- $18,149,159
Income & contributions
- Employer contributions
- $1,076,435
- Total contributions
- $1,076,435
- Total income / additions
- $3,536,123
Expenses & distributions
- Benefits paid
- $2,192,643
- Administrative expenses
- $89,594
- Total expenses
- $2,282,237
- Net increase / (decrease)
- $1,253,886
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Burke Group | NONE | $44,384 | not reported in the loaded dataset | 2023 |
| Ubs Financial Advisors | NONE | $40,000 | not reported in the loaded dataset | 2023 |
| Newport Group Inc. | NONE | $5,210 | $0 | 2023 |