Vtc 401(K) Plan — Form 5500 plan (Verita Telecommunications 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, Vtc 401(K) Plan is a benefit plan reported by Verita Telecommunications Corporation under EIN 46-4239538 and plan number 001. The latest loaded filing year is 2023. The filing reports 479 participants and $7,655,904 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Verita Telecommunications Corporation
- EIN
- 46-4239538
- Plan number
- 001
- Plan type
- 2
- Location
- Plymouth, MI
- Latest filing year
- 2023
- Participants
- 479
- End-of-year plan assets
- $7,655,904
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 479 | H, C | 20240930140323NAL0003296339001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,655,904
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,655,904
- Net assets (BOY)
- $4,222,136
Income & contributions
- Employer contributions
- $517,479
- Participant contributions
- $1,037,371
- Total contributions
- $3,161,004
- Total income / additions
- $3,944,507
Expenses & distributions
- Benefits paid
- $456,928
- Administrative expenses
- $53,811
- Total expenses
- $510,739
- Net increase / (decrease)
- $3,433,768
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $53,811 | $0 | 2023 |
| M Holdings Securities | INVESTMENT ADVISORY | $0 | $25,469 | 2023 |