Vertical Communications, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Vertical Communications, 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, Vertical Communications, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Vertical Communications, Inc. under EIN 86-0446453 and plan number 002. The latest loaded filing year is 2023. The filing reports 147 participants and $14,354,306 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vertical Communications, Inc.
- EIN
- 86-0446453
- Plan number
- 002
- Plan type
- 2
- Location
- Roswell, GA
- Latest filing year
- 2023
- Participants
- 147
- End-of-year plan assets
- $14,354,306
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 147 | H, C | 20241226083439NAL0007612979001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $14,354,306
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,354,306
- Net assets (BOY)
- $12,665,956
Income & contributions
- Participant contributions
- $626,138
- Total contributions
- $843,944
- Total income / additions
- $3,132,636
Expenses & distributions
- Benefits paid
- $1,421,116
- Administrative expenses
- $23,170
- Total expenses
- $1,444,286
- Net increase / (decrease)
- $1,688,350
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide | RECORDKEEPER | $53,043 | $5,319 | 2023 |
| Lincoln Financial Advisors | ADVISOR | $0 | $34,127 | 2023 |
| Benefit Professionals Inc. | TPA | $16,691 | not reported in the loaded dataset | 2023 |
| Iron-Co-Fid-Comprehensive | ADVISOR | $9,615 | not reported in the loaded dataset | 2023 |
| 401 K Safe LLC | TPA | $6,447 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Vertical Communications, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Roswell, GA
- Nationwide — Schedule C compensation
- Lincoln Financial Advisors — Schedule C compensation
- Benefit Professionals Inc. — Schedule C compensation
- Iron-Co-Fid-Comprehensive — Schedule C compensation
- 401 K Safe LLC — Schedule C compensation