Fvcbank 401(K) Plan — Form 5500 plan (Fvcbank)
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, Fvcbank 401(K) Plan is a benefit plan reported by Fvcbank under EIN 02-0794839 and plan number 001. The latest loaded filing year is 2023. The filing reports 167 participants and $12,159,583 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fvcbank
- EIN
- 02-0794839
- Plan number
- 001
- Plan type
- 2
- Location
- Fairfax, VA
- Latest filing year
- 2023
- Participants
- 167
- End-of-year plan assets
- $12,159,583
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 167 | H, C | 20240926111321NAL0001016944001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,159,583
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,159,583
- Net assets (BOY)
- $10,321,033
Income & contributions
- Employer contributions
- $429,632
- Participant contributions
- $1,152,483
- Total contributions
- $1,674,565
- Total income / additions
- $3,347,890
Expenses & distributions
- Benefits paid
- $1,408,764
- Administrative expenses
- $63,235
- Total expenses
- $1,509,340
- Net increase / (decrease)
- $1,838,550
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alliant Wealth Advisors | INVESTMENT ADVISOR | $43,192 | not reported in the loaded dataset | 2023 |
| Pcs Retirement, LLC | CONTRACT ADMINISTRATION | $20,043 | not reported in the loaded dataset | 2023 |