Vip Computer Systems Inc Profit Sharing Plan & Trust — Form 5500 plan (Vip Computer 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, Vip Computer Systems Inc Profit Sharing Plan & Trust is a benefit plan reported by Vip Computer Systems Inc under EIN 56-1526711 and plan number 001. The latest loaded filing year is 2023. The filing reports 10 participants and $3,221,283 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vip Computer Systems Inc
- EIN
- 56-1526711
- Plan number
- 001
- Plan type
- 2
- Location
- Hillsborough, NC
- Latest filing year
- 2023
- Participants
- 10
- End-of-year plan assets
- $3,221,283
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 10 | I | 20250902131508NAL0014426113001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $3,221,283
- Net assets (EOY)
- $3,221,283
- Net assets (BOY)
- $4,672,797
Income & contributions
- Employer contributions
- $56,163
- Participant contributions
- $53,460
- Total income / additions
- $471,948
Expenses & distributions
- Benefits paid
- $1,900,426
- Administrative expenses
- $23,036
- Total expenses
- $1,923,462
- Net increase / (decrease)
- -$1,451,514
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.