Visionet Systems Inc 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Visionet Systems 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, Visionet Systems Inc 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Visionet Systems Inc under EIN 22-2921566 and plan number 001. The latest loaded filing year is 2023. The filing reports 398 participants and $16,440,792 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Visionet Systems Inc
- EIN
- 22-2921566
- Plan number
- 001
- Plan type
- 2
- Location
- Cranbury, NJ
- Latest filing year
- 2023
- Participants
- 398
- End-of-year plan assets
- $16,440,792
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 398 | H, C | 20241015143615NAL0030002465001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,440,792
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,440,792
- Net assets (BOY)
- $11,257,463
Income & contributions
- Employer contributions
- $979,102
- Participant contributions
- $1,859,977
- Total contributions
- $2,846,404
- Total income / additions
- $5,621,714
Expenses & distributions
- Benefits paid
- $375,338
- Administrative expenses
- $63,047
- Total expenses
- $438,385
- Net increase / (decrease)
- $5,183,329
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Equitable Advisors, LLC | ADVISOR | $34,361 | not reported in the loaded dataset | 2023 |
| Paychex, Inc. | RECORDKEEPER | $23,116 | not reported in the loaded dataset | 2023 |