401(k)
2022 plan-year 401(k) DOL Form 5500

QVI PROFIT SHARING RETIREMENT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

QUALITY VISION INTERNATIONAL INC.

This 401(k) plan holds $18M in total assets and serves 486 participants as of 2022. It is sponsored by QUALITY VISION INTERNATIONAL INC. in New York. The plan reported a net loss of $6M for the year.

Total Assets (2023)
$18M
Participants
486
State
Industry
Manufacturing

What the Filing Says About QVI PROFIT SHARING RETIREMENT PLAN

QVI PROFIT SHARING RETIREMENT PLAN is a 401(k) retirement plan sponsored by QUALITY VISION INTERNATIONAL INC., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $18M in total end-of-year assets and covers 486 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 160800781, and the plan has been effective since 1965-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $24M at the beginning of 2022 to $18M at year-end — a decline of 23.9%. Net assets (after liabilities) closed the year at $18M, with reported net income of $-5,686,201 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$24M
Total Assets (End of Year)$18M
Net Assets (End of Year)$18M
Net Income$-5,686,201
Plan Type401(k)
Employer EIN160800781
Plan Effective Date1965-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (QUALITY VISION INTERNATIONAL INC.)

Year Plans Participants Total Assets
2022 2 784 $55M
2023 2 643 $62M
2024 2 637 $71M

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Frequently Asked Questions

How much money is in the QVI PROFIT SHARING RETIREMENT PLAN?
As of the 2022 Form 5500 filing, QVI PROFIT SHARING RETIREMENT PLAN holds $18M in total assets with 486 participants. It is sponsored by QUALITY VISION INTERNATIONAL INC..
What type of plan is QVI PROFIT SHARING RETIREMENT PLAN?
QVI PROFIT SHARING RETIREMENT PLAN is a 401(k) plan. It has been effective since 1965-04-01. The plan is filed with the U.S. Department of Labor under EIN 160800781.
Who sponsors the QVI PROFIT SHARING RETIREMENT PLAN?
QVI PROFIT SHARING RETIREMENT PLAN is sponsored by QUALITY VISION INTERNATIONAL INC., located in New York. The sponsor's EIN is 160800781 and the plan operates in the Manufacturing industry.
How did QVI PROFIT SHARING RETIREMENT PLAN perform in 2022?
QVI PROFIT SHARING RETIREMENT PLAN declined by 23.9% during 2022, moving from $24M to $18M in total assets. Net income was $-5,686,201.
Where can I find official filings for QVI PROFIT SHARING RETIREMENT PLAN?
Official Form 5500 filings for QVI PROFIT SHARING RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 160800781 or plan name at efast.dol.gov.
How does QVI PROFIT SHARING RETIREMENT PLAN compare to other plans?
You can compare QVI PROFIT SHARING RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 160800781.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.