2023 Form 5500 filing — Value Added Solutions, Inc. 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240812122013NAL0009453713001) for Value Added Solutions, Inc. 401(K) Plan, reported by Value Added Solutions, Inc. under EIN 20-3912625 and plan number 001. It reports 379 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240812122013NAL0009453713001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Value Added Solutions, Inc.
- EIN
- 20-3912625
- Plan number
- 001
- Location
- Aiken, SC
- Participants
- 379
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,044,319
- Net assets (EOY)
- $11,044,319
- Employer contributions
- $674,479
- Participant contributions
- $2,000,525
- Total income / additions
- $4,735,014
- Benefits paid
- $5,456,186
- Administrative expenses
- $86,790
- Total expenses
- $5,565,676
- Net increase / (decrease)
- -$830,662
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $47,242 | $0 |
| Cetera Advisor Networks LLC | INVESTMENT ADVISOR | $18,613 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $12,609 | $0 |
| Nova 401(K) Associates | CONTRACT ADMIN | $308 | $10,000 |
| Cetera Investments Advisers LLC | INVESTMENT ADVISOR | $5,702 | $0 |