Vessel Medical, Inc. 401(K) Plan — Form 5500 plan (Vessel Medical, 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, Vessel Medical, Inc. 401(K) Plan is a benefit plan reported by Vessel Medical, Inc. under EIN 57-0983938 and plan number 001. The latest loaded filing year is 2023. The filing reports 274 participants and $599,017 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$599KPlan net assets, end of year$599,017
Participants274Covered participants reported
Assets / participant$2.2KComputed: assets ÷ participants$2,186 (computed)
Provider compensation$7.5K1 Schedule C provider row(s)$7,502
- Plan sponsor
- Vessel Medical, Inc.
- EIN
- 57-0983938
- Plan number
- 001
- Plan type
- 2
- Location
- Greenville, SC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 274 | H, C | 20241007213933NAL0007942963001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$599K total assets
Net assets$599KLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $599,017
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $599,017
- Net assets (BOY)
- $1,885,138
Income & contributions
- Employer contributions
- $10,159
- Participant contributions
- $25,840
- Total contributions
- $35,999
- Total income / additions
- $226,256
Expenses & distributions
- Benefits paid
- $1,504,875
- Administrative expenses
- $7,502
- Total expenses
- $1,512,377
- Net increase / (decrease)
- -$1,286,121
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
28%72%
Employer 28%Participant 72%
Total expenses ÷ net assets252%Computed ratio
Benefits paid ÷ total income665%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| United Of Omaha | INVESTMENT COMPANY | $7,502 | $0 | 2023 |