2023 Form 5500 filing — Van Michael Salon, Inc. 401k Profit Sharing 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 20241010094643NAL0020777697001) for Van Michael Salon, Inc. 401k Profit Sharing Plan, reported by Van Michael Salon, Inc. under EIN 58-1578856 and plan number 001. It reports 358 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$23.5MReported net assets$23,496,950
Participants358
Provider compensation$3.9K1 Schedule C row(s)$3,853
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241010094643NAL0020777697001
- Plan sponsor
- Van Michael Salon, Inc.
- EIN
- 58-1578856
- Plan number
- 001
- Location
- Atlanta, GA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$23.5M total assets
Net assets$23.5MLiabilities$13.2K
Full reported line items
- Total assets (EOY)
- $23,510,158
- Total liabilities (EOY)
- $13,208
- Net assets (EOY)
- $23,496,950
- Employer contributions
- $125,462
- Participant contributions
- $1,138,334
- Total income / additions
- $5,507,148
- Benefits paid
- $730,872
- Administrative expenses
- $72,712
- Total expenses
- $922,038
- Net increase / (decrease)
- $4,585,110
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Usa | RECORDKEEPER | $3,853 | not reported in the loaded dataset |