Vaso Corporation 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Vaso 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, Vaso Corporation 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Vaso Corporation under EIN 11-2871434 and plan number 001. The latest loaded filing year is 2023. The filing reports 245 participants and $13,522,825 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vaso Corporation
- EIN
- 11-2871434
- Plan number
- 001
- Plan type
- 2
- Location
- Plainview, NY
- Latest filing year
- 2023
- Participants
- 245
- End-of-year plan assets
- $13,522,825
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 245 | H, C | 20241011144450NAL0012619043001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,522,825
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,522,825
- Net assets (BOY)
- $11,190,003
Income & contributions
- Employer contributions
- $238,690
- Participant contributions
- $1,740,888
- Total contributions
- $2,015,608
- Total income / additions
- $3,941,953
Expenses & distributions
- Benefits paid
- $1,602,363
- Administrative expenses
- $6,768
- Total expenses
- $1,609,131
- Net increase / (decrease)
- $2,332,822
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | OTHER SERVICES | $0 | $18,776 | 2023 |
| Associated Pension Consultant | CONTRACT ADMINISTRATOR | $980 | $4,968 | 2023 |
| Principal Securities Inc | CONTRACT ADMINISTRATOR | $5,828 | $0 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Vaso Corporation
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Plainview, NY
- Principal Life Insurance Company — Schedule C compensation
- Associated Pension Consultant — Schedule C compensation
- Principal Securities Inc — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation