SVS Vision 401(k) match, vesting and fees

Plan year 2024 filingSvs Vision, Inc. Union Employees 401 K Profit Sharing Plan · Plan 003 · EIN 38-3353735Updated Oct 2026

What SVS Vision's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $90K in employer contributions, about $743 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$37,795
Average account balance
248
Participants (end of year)
$4.6M
Plan assets (end of year)
0.39%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperJohn Hancock Retirement Plan SrvcsSchedule C ↗
Independent auditorFreedman & Goldberg Cpas P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.

SVS Vision: employer contribution per participant$743
Peer median$1,468
SVS Vision: average balance$37,795
Peer median$37,786
SVS Vision: admin expenses ÷ assets0.39%
Peer median0.39%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $4.2M at the end of plan year 2021 to $4.6M at the end of plan year 2024.

$4.2M2021$3.4M2022$4M2023$4.6M2024
End-of-year figures from each plan year's Form 5500 filing for the SVS Vision plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024248$4.6M$90K$7430.39%Not publishedForm 5500 ↗
2023227$4M$92K$7490.57%Not publishedForm 5500 ↗
2022266$3.4M$88K$7430.73%Not publishedForm 5500 ↗
2021245$4.2M$78K$6380.70%Not publishedForm 5500 ↗

Other SVS Vision plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Svs Vision, Inc. Non-Union Employees 401 K Profit Sharing Plan and Trust

Plan 002 · EIN 38-3353735 · plan year 2024 filing · terminated
—
Average account balance
0
Participants (end of year)
$0
Plan assets (end of year)
0.93%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperJohn Hancock Retirement Plan SrvcsSchedule C ↗
Independent auditorFreedman & Goldberg, Cpa, P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · Terminated (final filing)Form 5500 ↗

Common questions

Does SVS Vision match 401(k) contributions?

The match terms for the Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $90K in employer contributions, about $743 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the SVS Vision 401(k) match vested?

The vesting schedule for the Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the SVS Vision 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Retirement Plan Srvcs. The plan administrator is Svs Vision, Inc..

I left SVS Vision. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Svs Vision, Inc., (586) 468-7370) or the recordkeeper, John Hancock Retirement Plan Srvcs. The SVS Vision old 401(k) page lists the contacts from every plan filing. Find an old SVS Vision 401(k)

Data from the public Form 5500 annual reports SVS Vision filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with SVS Vision. Not financial advice. Report a correction · Methodology