Vroom Automotive Finance Corporation 401(K) Plan — Form 5500 plan (Vroom Automotive Finance Corp.)

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, Vroom Automotive Finance Corporation 401(K) Plan is a benefit plan reported by Vroom Automotive Finance Corp. under EIN 94-3211687 and plan number 001. The latest loaded filing year is 2023. The filing reports 870 participants and $25,855,909 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Vroom Automotive Finance Corp.
EIN
94-3211687
Plan number
001
Plan type
2
Location
Newport Beach, CA
Latest filing year
2023
Participants
870
End-of-year plan assets
$25,855,909

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023870H, C20241014095200NAL0025861537001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$25,855,909
Total liabilities (EOY)
$0
Net assets (EOY)
$25,855,909
Net assets (BOY)
$20,254,688

Income & contributions

Employer contributions
$841,267
Participant contributions
$2,774,031
Total contributions
$4,002,433
Total income / additions
$8,179,450

Expenses & distributions

Benefits paid
$2,428,024
Administrative expenses
$129,558
Total expenses
$2,578,229
Net increase / (decrease)
$5,601,221

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance & AnnuitySERVICE PROVIDER$114,558not reported in the loaded dataset2023
Shuster Advisory Group, LLCSERVICE PROVIDER$0$40,0002023
Wright Ford Young & Co.SERVICE PROVIDER$15,000not reported in the loaded dataset2023

Related Form 5500 pages