2023 Form 5500 filing — Vroom Automotive Finance Corporation 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 20241014095200NAL0025861537001) for Vroom Automotive Finance Corporation 401(K) Plan, reported by Vroom Automotive Finance Corp. under EIN 94-3211687 and plan number 001. It reports 870 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014095200NAL0025861537001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Vroom Automotive Finance Corp.
- EIN
- 94-3211687
- Plan number
- 001
- Location
- Newport Beach, CA
- Participants
- 870
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,855,909
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,855,909
- Employer contributions
- $841,267
- Participant contributions
- $2,774,031
- Total income / additions
- $8,179,450
- Benefits paid
- $2,428,024
- Administrative expenses
- $129,558
- Total expenses
- $2,578,229
- Net increase / (decrease)
- $5,601,221
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $114,558 | not reported in the loaded dataset |
| Shuster Advisory Group, LLC | SERVICE PROVIDER | $0 | $40,000 |
| Wright Ford Young & Co. | SERVICE PROVIDER | $15,000 | not reported in the loaded dataset |