2023 Form 5500 filing — Virgin Galactic, 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 20240919190759NAL0006657969001) for Virgin Galactic, LLC 401(K) Plan, reported by Virgin Galactic, LLC under EIN 84-2252157 and plan number 001. It reports 1,455 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240919190759NAL0006657969001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Virgin Galactic, LLC
- EIN
- 84-2252157
- Plan number
- 001
- Location
- Tustin, CA
- Participants
- 1,455
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $88,652,335
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $88,652,335
- Employer contributions
- $7,585,576
- Participant contributions
- $11,739,853
- Total income / additions
- $35,212,160
- Benefits paid
- $9,996,570
- Administrative expenses
- $131,925
- Total expenses
- $10,149,055
- Net increase / (decrease)
- $25,063,105
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $77,609 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $29,317 | not reported in the loaded dataset |
| Nfp Retirement Inc | ADVISOR | $25,000 | not reported in the loaded dataset |