Value Added Solutions, Inc. 401(K) Plan — Form 5500 plan (Value Added Solutions, 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, Value Added Solutions, Inc. 401(K) Plan is a benefit plan reported by Value Added Solutions, Inc. under EIN 20-3912625 and plan number 001. The latest loaded filing year is 2023. The filing reports 379 participants and $11,044,319 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Value Added Solutions, Inc.
- EIN
- 20-3912625
- Plan number
- 001
- Plan type
- 2
- Location
- Aiken, SC
- Latest filing year
- 2023
- Participants
- 379
- End-of-year plan assets
- $11,044,319
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 379 | H, C | 20240812122013NAL0009453713001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,044,319
- Net assets (EOY)
- $11,044,319
- Net assets (BOY)
- $11,874,981
Income & contributions
- Employer contributions
- $674,479
- Participant contributions
- $2,000,525
- Total contributions
- $2,803,786
- Total income / additions
- $4,735,014
Expenses & distributions
- Benefits paid
- $5,456,186
- Administrative expenses
- $86,790
- Total expenses
- $5,565,676
- Net increase / (decrease)
- -$830,662
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $47,242 | $0 | 2023 |
| Cetera Advisor Networks LLC | INVESTMENT ADVISOR | $18,613 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $12,609 | $0 | 2023 |
| Nova 401(K) Associates | CONTRACT ADMIN | $308 | $10,000 | 2023 |
| Cetera Investments Advisers LLC | INVESTMENT ADVISOR | $5,702 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Value Added Solutions, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in SC
- 401(k) and benefit plan filings in Aiken, SC
- Empower Annuity Insurance Company — Schedule C compensation
- Cetera Advisor Networks LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Nova 401(K) Associates — Schedule C compensation
- Cetera Investments Advisers LLC — Schedule C compensation