2023 Form 5500 filing — The Vincit Company, 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 20240828150359NAL0012288257001) for The Vincit Company, LLC 401(K) Plan, reported by The Vincit Company, LLC under EIN 62-1723130 and plan number 001. It reports 7,641 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240828150359NAL0012288257001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Vincit Company, LLC
- EIN
- 62-1723130
- Plan number
- 001
- Location
- Chattanooga, TN
- Participants
- 7,641
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,464,630
- Total liabilities (EOY)
- $183,336
- Net assets (EOY)
- $17,281,294
- Employer contributions
- $488,867
- Participant contributions
- $1,441,498
- Total income / additions
- $4,996,399
- Benefits paid
- $1,210,184
- Administrative expenses
- $157,844
- Total expenses
- $1,368,028
- Net increase / (decrease)
- $3,628,371
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Co | CONTRACT ADMINISTRATOR | $69,842 | $0 |
| Erisa Services, Inc. | CONTRACT ADMINISTRATOR | $48,459 | $7,104 |
| Merrill Lynch | CONSULTANT | $39,542 | $4,109 |