2023 Form 5500 filing — Vaso Corporation 401(K) Profit Sharing Plan & Trust
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 20241011144450NAL0012619043001) for Vaso Corporation 401(K) Profit Sharing Plan & Trust, reported by Vaso Corporation under EIN 11-2871434 and plan number 001. It reports 245 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011144450NAL0012619043001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Vaso Corporation
- EIN
- 11-2871434
- Plan number
- 001
- Location
- Plainview, NY
- Participants
- 245
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,522,825
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,522,825
- Employer contributions
- $238,690
- Participant contributions
- $1,740,888
- Total income / additions
- $3,941,953
- Benefits paid
- $1,602,363
- Administrative expenses
- $6,768
- Total expenses
- $1,609,131
- Net increase / (decrease)
- $2,332,822
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | OTHER SERVICES | $0 | $18,776 |
| Associated Pension Consultant | CONTRACT ADMINISTRATOR | $980 | $4,968 |
| Principal Securities Inc | CONTRACT ADMINISTRATOR | $5,828 | $0 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |