Versant Power 401(K) Plan — Form 5500 plan (Versant Power)
Plain-English plan 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, Versant Power 401(K) Plan is a benefit plan reported by Versant Power under EIN 01-0024370 and plan number 004. The latest loaded filing year is 2023. The filing reports 664 participants and $89,306,757 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Versant Power
- EIN
- 01-0024370
- Plan number
- 004
- Plan type
- 2
- Location
- Hampden, ME
- Latest filing year
- 2023
- Participants
- 664
- End-of-year plan assets
- $89,306,757
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 664 | H, C | 20240731094919NAL0021301009001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $89,306,757
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $89,306,757
- Net assets (BOY)
- $76,358,199
Income & contributions
- Employer contributions
- $2,502,090
- Participant contributions
- $4,968,574
- Total contributions
- $8,530,524
- Total income / additions
- $20,887,602
Expenses & distributions
- Benefits paid
- $7,775,752
- Administrative expenses
- $163,292
- Total expenses
- $7,939,044
- Net increase / (decrease)
- $12,948,558
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mercer (Us) Inc Mercer Investments | OTHER | $118,951 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $41,463 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $4,053 | not reported in the loaded dataset | 2023 |
| Charles Schwab & Co., Inc. | SECURITIES BROKER | $104 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Versant Power
- 2023 Form 5500 filing
- Form 5500 filings in ME
- 401(k) and benefit plan filings in Hampden, ME
- Mercer (Us) Inc Mercer Investments — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation