Veritas Prime 401(K) Profit Sharing Plan — Form 5500 plan (Veritas Prime)
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, Veritas Prime 401(K) Profit Sharing Plan is a benefit plan reported by Veritas Prime under EIN 46-3896127 and plan number 001. The latest loaded filing year is 2023. The filing reports 143 participants and $7,109,974 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Veritas Prime
- EIN
- 46-3896127
- Plan number
- 001
- Plan type
- 2
- Location
- Portland, ME
- Latest filing year
- 2023
- Participants
- 143
- End-of-year plan assets
- $7,109,974
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 143 | H, C | 20240927134241NAL0002352033001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,109,974
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,109,974
- Net assets (BOY)
- $4,178,905
Income & contributions
- Employer contributions
- $374,656
- Participant contributions
- $1,484,531
- Total contributions
- $2,151,707
- Total income / additions
- $3,232,621
Expenses & distributions
- Benefits paid
- $282,154
- Administrative expenses
- $19,398
- Total expenses
- $301,552
- Net increase / (decrease)
- $2,931,069
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmc Advisors, Inc. | NONE | $16,063 | not reported in the loaded dataset | 2023 |