2023 Form 5500 filing — Vertex, 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 20241010114640NAL0035601968001) for Vertex, Inc. 401(K) Plan, reported by Vertex, Inc. under EIN 23-2081753 and plan number 001. It reports 1,777 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010114640NAL0035601968001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Vertex, Inc.
- EIN
- 23-2081753
- Plan number
- 001
- Location
- King Of Prussia, PA
- Participants
- 1,777
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $376,393,402
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $376,393,402
- Employer contributions
- $10,470,492
- Participant contributions
- $18,713,217
- Total income / additions
- $92,053,073
- Benefits paid
- $34,257,014
- Administrative expenses
- $156,387
- Total expenses
- $34,422,171
- Net increase / (decrease)
- $57,630,902
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $74,582 | not reported in the loaded dataset |
| Vanguard Group Inc. | RECORDKEEPER | $62,608 | not reported in the loaded dataset |
| Vanguard Advisers Inc. | ADVISOR | $21,428 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $19,197 | $0 |