Venture Inc Of Beaufort 401(K) Plan — Form 5500 plan (Venture Inc Of Beaufort)
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, Venture Inc Of Beaufort 401(K) Plan is a benefit plan reported by Venture Inc Of Beaufort under EIN 59-3763767 and plan number 001. The latest loaded filing year is 2023. The filing reports 280 participants and $12,208,514 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Venture Inc Of Beaufort
- EIN
- 59-3763767
- Plan number
- 001
- Plan type
- 2
- Location
- Beaufort, SC
- Latest filing year
- 2023
- Participants
- 280
- End-of-year plan assets
- $12,208,514
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 280 | H, C | 20240821081753NAL0005932784001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,208,514
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $12,208,514
- Net assets (BOY)
- $9,232,758
Income & contributions
- Employer contributions
- $732,944
- Participant contributions
- $973,221
- Total contributions
- $1,859,625
- Total income / additions
- $3,473,652
Expenses & distributions
- Benefits paid
- $432,651
- Administrative expenses
- $58,350
- Total expenses
- $497,896
- Net increase / (decrease)
- $2,975,756
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Carolina Qualified Retirement Plan | NONE | $29,598 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | NONE | $28,752 | $0 | 2023 |