401(k) · DOL Form 5500 · 2023

Svs Vision, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
251
Participants Below avg headcount
40th
Percentile by assets National rank
$15,914
Avg per participant Low balance/head
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Official DOL plan name: Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan · Sponsored by Svs Vision, Inc. · Michigan · Healthcare & Social Assistance

$4M in assets, 251 participants

Svs Vision, Inc.'s Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan reported $4M in total assets and 251 participants in its 2023 DOL Form 5500 filing, ranking in the 40th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,577 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan covers 251 participants in Michigan, about 39% of the average Michigan filer (state average ~638 per filing). Assets: $4M.

#7,577
in Healthcare & Social Assistance (17,684 peers)
+17.9%
assets growth YoY

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,994,527 40th percentile higher than 40% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan sits mid-pack in the medium band (251 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan reported net income rose from -$699K in the plan year 2022 filing to $632K in the plan year 2023 filing.
  • Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan reported participants rose from 234 in the plan year 2022 filing to 251 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 383353735 · Svs Vision, Inc. PY 2023 · 401(k)

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan · $4M · 251 · 40th

  • PART $4M
  • TYPE 251
  • NET 40th
  • BOOK 401(k)
  • VS-ST near Mitchell Brothers Retirement Savings Plan
  • BOY ind #7577

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Michigan →

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan in the asset neighbourhood

Svs Vision, Inc. Union Employees 401 K Profit Sharing PlanSvs Vision, Inc. Union Emplo…$4MMitchell Brothers Retirement Savings PlanMitchell Brothers Retirement…$4MKaspien Inc. 401(k) Plan$4MOmni Tax Solutions 401(k) PlanOmni Tax Solutions 401(k) Pl…$4MPostal Center International, Inc. 401(k) PlanPostal Center International,…$4M
End-of-year total assets ($M) among Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$632K
Employer EIN383353735
Plan Effective Date1989-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Svs Vision, Inc.)

Sponsor-wide plan assets over time

All Svs Vision, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$28M 28.306666092154703% vs 2022
2024 filing year
$20M$22M$24M$26M$28M$30M 202220232024 $21.4M $27.5M ▲ +28.3%
Year Plans Participants Total Assets
2022 2 557 $21M
2023 2 560 $25M
2024 2 505 $28M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan, Total assets ($B): 0.003994527 · Participants: 251Svs Vision, Inc. Union Employees 401 K Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Mitchell Brothers Retirement Savings Plan in SC ($4M); by covered participants it is Drata Inc. 401(k) Plan in CA (251 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Similar participant headcount

Nearest other-state filings by covered participants (251 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan assets move in 2023?
Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan grew sharply - up 17.9% during 2023, from $3M to $4M. Reported net income was $632K.
How have Svs Vision, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Svs Vision, Inc.'s sponsor-wide assets grew 28.3%, from $21M to $28M.
Which 401(k) plans are similar in size to Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Mitchell Brothers Retirement Savings Plan in SC ($4M, 40 participants).
Which 401(k) plans cover a similar participant headcount to Svs Vision, Inc. Union Employees 401 K Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Drata Inc. 401(k) Plan in CA (251 participants, $8M in assets).