2023 Form 5500 filing — Verisma Systems, Inc. 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 20241011165457NAL0023278641001) for Verisma Systems, Inc. 401(K) Plan, reported by Verisma Systems, Inc. under EIN 03-0438772 and plan number 001. It reports 1,231 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011165457NAL0023278641001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Verisma Systems, Inc.
- EIN
- 03-0438772
- Plan number
- 001
- Location
- Alexandria, VA
- Participants
- 1,231
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,698,210
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,698,210
- Participant contributions
- $1,703,571
- Total income / additions
- $3,792,938
- Benefits paid
- $710,918
- Administrative expenses
- $82,660
- Total expenses
- $793,578
- Net increase / (decrease)
- $2,999,360
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $82,660 | $0 |
| Valley Forge Investment Consultants | INVESTMENT ADVISORY | $0 | $21,159 |