Verition Group 401(K) Plan — Form 5500 plan (Verition Group LLC)
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, Verition Group 401(K) Plan is a benefit plan reported by Verition Group LLC under EIN 26-2467041 and plan number 001. The latest loaded filing year is 2023. The filing reports 261 participants and $20,647,915 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Verition Group LLC
- EIN
- 26-2467041
- Plan number
- 001
- Plan type
- 2
- Location
- Greenwich, CT
- Latest filing year
- 2023
- Participants
- 261
- End-of-year plan assets
- $20,647,915
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 261 | H, C | 20241014134148NAL0026297521001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $20,647,915
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,647,915
- Net assets (BOY)
- $11,950,119
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $3,978,281
- Total contributions
- $7,299,601
- Total income / additions
- $10,045,476
Expenses & distributions
- Benefits paid
- $1,276,180
- Administrative expenses
- $52,268
- Total expenses
- $1,347,680
- Net increase / (decrease)
- $8,697,796
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Beirne Wealth Consulting Services | ADVISOR | $33,985 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $18,283 | $0 | 2023 |