2023 Form 5500 filing — Vgm Group Inc 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 20241009143609NAL0010727491001) for Vgm Group Inc 401(K) Profit Sharing Plan, reported by Vgm Group Inc under EIN 42-1280573 and plan number 001. It reports 1,647 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009143609NAL0010727491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Vgm Group Inc
- EIN
- 42-1280573
- Plan number
- 001
- Location
- Waterloo, IA
- Participants
- 1,647
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $116,482,305
- Total liabilities (EOY)
- $1,003
- Net assets (EOY)
- $116,481,302
- Employer contributions
- $1,901,621
- Participant contributions
- $4,766,010
- Total income / additions
- $29,354,898
- Benefits paid
- $10,826,002
- Administrative expenses
- $247,041
- Total expenses
- $11,199,663
- Net increase / (decrease)
- $18,155,235
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $247,041 | $0 |
| Accel Wealth Management | INVESTMENT ADVISORY | $0 | $71,205 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |