Versability Resources, Inc. 401k Plan — Form 5500 plan (Versability Resources, 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, Versability Resources, Inc. 401k Plan is a benefit plan reported by Versability Resources, Inc. under EIN 54-0802199 and plan number 006. The latest loaded filing year is 2023. The filing reports 875 participants and $16,502,178 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Versability Resources, Inc.
EIN
54-0802199
Plan number
006
Plan type
2
Location
Hampton, VA
Latest filing year
2023
Participants
875
End-of-year plan assets
$16,502,178

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023875H, C20241015112051NAL0016219027001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$16,502,178
Total liabilities (EOY)
$0
Net assets (EOY)
$16,502,178
Net assets (BOY)
$13,450,293

Income & contributions

Employer contributions
$1,751,369
Participant contributions
$788,095
Total contributions
$2,587,134
Total income / additions
$4,906,407

Expenses & distributions

Benefits paid
$1,749,169
Administrative expenses
$97,316
Total expenses
$1,854,522
Net increase / (decrease)
$3,051,885

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$97,316$02023
The Ascent Group, LLCSERVICE PROVIDER$0$43,3172023

Related Form 5500 pages