2023 Form 5500 filing — Verbal Beginnings LLC 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240426171922NAL0011940643001) for Verbal Beginnings LLC 401(K) Plan, reported by Verbal Beginnings LLC under EIN 45-2653391 and plan number 001. It reports 429 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$2.8MReported net assets$2,759,715
Participants429
Provider compensation$26.7K3 Schedule C row(s)$26,701
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240426171922NAL0011940643001
Plan sponsor
Verbal Beginnings LLC
EIN
45-2653391
Plan number
001
Location
Columbia, MD
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$2.8M total assets
Net assets$2.8MLiabilities$0
Money in vs. money out
Total income / additions$1.5M
Total expenses$489.4K
Benefits paid / distributions$445.5K
Contributions
Employer$10.1K
Participant$951.1K
Full reported line items
Total assets (EOY)
$2,759,715
Total liabilities (EOY)
$0
Net assets (EOY)
$2,759,715
Employer contributions
$10,148
Participant contributions
$951,056
Total income / additions
$1,469,675
Benefits paid
$445,484
Administrative expenses
$24,306
Total expenses
$489,413
Net increase / (decrease)
$980,262
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $20.4K · Indirect $0
  2. 2
    INV ADV, PARTICIPANTS · Direct $6.3K
  3. 3
    INV ADV, PARTICIPANTS · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20240426171922NAL0011940643001 cover?
It is the 2023 Form 5500 filing for Verbal Beginnings LLC 401(K) Plan, reported by Verbal Beginnings LLC (EIN 45-2653391).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages