Plan5500

V.I.P., Inc. Retirement Savings Plan & Trust — Form 5500 plan (V.I.P, Inc.)

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, V.I.P., Inc. Retirement Savings Plan & Trust is a benefit plan reported by V.I.P, Inc. under EIN 01-0262924 and plan number 001. The latest loaded filing year is 2023. The filing reports 642 participants and $7,568,510 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
V.I.P, Inc.
EIN
01-0262924
Plan number
001
Plan type
2
Location
Auburn, ME
Latest filing year
2023
Participants
642
End-of-year plan assets
$7,568,510

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023642H, C20250613152641NAL0015758259001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,568,510
Total liabilities (EOY)
$2,284
Net assets (EOY)
$7,566,226
Net assets (BOY)
$6,403,553

Income & contributions

Employer contributions
$234,803
Participant contributions
$674,470
Total contributions
$909,273
Total income / additions
$1,973,840

Expenses & distributions

Benefits paid
$730,839
Administrative expenses
$80,328
Total expenses
$811,167
Net increase / (decrease)
$1,162,673

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Bam Advisor Services, LLCNONE$54,696not reported in the loaded dataset2023
Alerus Financial, N.A.NONE$25,632$02023

Related Form 5500 pages