2023 Form 5500 filing — Versabar 401(K) Profit Sharing 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 20240814132659NAL0006526019001) for Versabar 401(K) Profit Sharing Plan, reported by Versabar, Incorporated under EIN 72-0926021 and plan number 001. It reports 379 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 3 · 2023
Filing snapshot
Net assets (EOY)$47.1MReported net assets$47,142,109
Participants379
Provider compensation$85.5K3 Schedule C row(s)$85,503
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240814132659NAL0006526019001
- Plan sponsor
- Versabar, Incorporated
- EIN
- 72-0926021
- Plan number
- 001
- Location
- Houston, TX
- 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)$47.1M total assets
Net assets$47.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $47,142,109
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $47,142,109
- Employer contributions
- $767,764
- Participant contributions
- $1,564,342
- Total income / additions
- $10,216,122
- Benefits paid
- $4,100,479
- Administrative expenses
- $85,503
- Total expenses
- $4,185,982
- Net increase / (decrease)
- $6,030,140
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Adg Wealth Management Group LLC | ADVISOR | $85,277 | not reported in the loaded dataset |
| Bourgeois Bennett | ACCOUNTANT/AUDITOR | $7,117 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$6,891 | $0 |