2023 Form 5500 filing — The Vernon Investment And Retirement Plan For Field Salespersons
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 20240724135103NAL0013064929001) for The Vernon Investment And Retirement Plan For Field Salespersons, reported by The Vernon Company under EIN 42-0649215 and plan number 002. It reports 128 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)$17.2MReported net assets$17,169,724
Participants128
Provider compensation$18.3K2 Schedule C row(s)$18,333
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240724135103NAL0013064929001
- Plan sponsor
- The Vernon Company
- EIN
- 42-0649215
- Plan number
- 002
- Location
- Newton, IA
- Received date
- not reported in the loaded dataset
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)$17.2M total assets
Net assets$17.2MLiabilities$0
Full reported line items
- Total assets (EOY)
- $17,169,724
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,169,724
- Employer contributions
- $151,013
- Participant contributions
- $566,452
- Total income / additions
- $3,804,547
- Benefits paid
- $1,380,653
- Administrative expenses
- $18,334
- Total expenses
- $1,398,987
- Net increase / (decrease)
- $2,405,560
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $18,333 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |