Vertec Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Vertec Corporation)
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, Vertec Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Vertec Corporation under EIN 04-2724308 and plan number 001. The latest loaded filing year is 2023. The filing reports 63 participants and $3,512,349 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vertec Corporation
- EIN
- 04-2724308
- Plan number
- 001
- Plan type
- 2
- Location
- North Easton, MA
- Latest filing year
- 2023
- Participants
- 63
- End-of-year plan assets
- $3,512,349
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 63 | I | 20240909143450NAL0005602721001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,512,349
- Net assets (EOY)
- $3,512,349
- Net assets (BOY)
- $3,191,135
Income & contributions
- Employer contributions
- $318,860
- Participant contributions
- $186,487
- Total income / additions
- $981,001
Expenses & distributions
- Benefits paid
- $658,972
- Administrative expenses
- $815
- Total expenses
- $659,787
- Net increase / (decrease)
- $321,214
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.