2023 Form 5500 filing — Visual Edge Technology, Inc. 401(K) Savings And Retirement 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 20241003083901NAL0016696880001) for Visual Edge Technology, Inc. 401(K) Savings And Retirement Plan, reported by Visual Edge Technology, Inc. under EIN 94-2991858 and plan number 001. It reports 1,218 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003083901NAL0016696880001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Visual Edge Technology, Inc.
- EIN
- 94-2991858
- Plan number
- 001
- Location
- North Canton, OH
- Participants
- 1,218
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $39,173,012
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $39,173,012
- Employer contributions
- $2,452,352
- Participant contributions
- $4,295,874
- Total income / additions
- $12,397,505
- Benefits paid
- $4,014,201
- Administrative expenses
- $245,816
- Total expenses
- $4,266,049
- Net increase / (decrease)
- $8,131,456
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $125,747 | $0 |
| Ifp Advisors Inc Dba Independent Fi | INVESTMENT ADVISOR | $65,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $36,169 | not reported in the loaded dataset |
| D'Amico Wawrin & Company Cpas LLC | OTHER | $18,900 | not reported in the loaded dataset |