2023 Form 5500 filing — The Vernon Company 401(K) Plan For Administrative And Affiliated Company

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 20240724140418NAL0008229795001) for The Vernon Company 401(K) Plan For Administrative And Affiliated Company, reported by The Vernon Company under EIN 42-0649215 and plan number 004. It reports 172 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)$18.6MReported net assets$18,582,475
Participants172
Provider compensation$22.9K2 Schedule C row(s)$22,919
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240724140418NAL0008229795001
Plan sponsor
The Vernon Company
EIN
42-0649215
Plan number
004
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)$18.6M total assets
Net assets$18.6MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$3.6M
Benefits paid / distributions$3.5M
Contributions
Employer$186K
Participant$604K
Full reported line items
Total assets (EOY)
$18,582,475
Total liabilities (EOY)
$0
Net assets (EOY)
$18,582,475
Employer contributions
$185,997
Participant contributions
$604,018
Total income / additions
$3,646,642
Benefits paid
$3,536,838
Administrative expenses
$22,919
Total expenses
$3,559,757
Net increase / (decrease)
$86,885

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$22,919$0
Wilshire Advisors LLCINVESTMENT ADVISORY$0$0

Related Form 5500 pages