2023 Form 5500 filing — Virginia Imports, Ltd. Employees' Profit-Sharing And 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 20241007141520NAL0015310417001) for Virginia Imports, Ltd. Employees' Profit-Sharing And 401(K) Plan, reported by Virginia Imports, Ltd. under EIN 54-1085981 and plan number 002. It reports 210 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007141520NAL0015310417001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Virginia Imports, Ltd.
- EIN
- 54-1085981
- Plan number
- 002
- Location
- Springfield, VA
- Participants
- 210
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $11,230,998
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,230,998
- Employer contributions
- $355,000
- Participant contributions
- $310,704
- Total income / additions
- $2,155,987
- Benefits paid
- $528,571
- Administrative expenses
- $59,433
- Total expenses
- $596,262
- Net increase / (decrease)
- $1,559,725
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Mckinley Carter Wealth Services | INVESTMENT ADVISOR | $27,405 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | RECORDKEEPER | $26,336 | $0 |
| Empower Advisory Group | INVESTMENT MANAGER | $3,947 | not reported in the loaded dataset |
| Retirement Benefit Solutions | CONTRACT ADMIN | $1,750 | $0 |