2023 Form 5500 filing — Versapay 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 20241015124232NAL0049441456001) for Versapay 401(K) Plan, reported by Solupay Consulting LLC under EIN 20-0847158 and plan number 001. It reports 280 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$10.1MReported net assets$10,117,800

Participants280

Provider compensation$14.2K2 Schedule C row(s)$14,222

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241015124232NAL0049441456001
Plan sponsor: Solupay Consulting LLC
EIN: 20-0847158
Plan number: 001
Location: Atlanta, GA
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$10.1M total assets

Net assets$10.1MLiabilities—

Money in vs. money out

Total income / additions$4M

Total expenses$1.9M

Benefits paid / distributions$1.8M

Contributions

Employer$694K

Participant$1.7M

Full reported line items

Total assets (EOY): $10,117,800
Net assets (EOY): $10,117,800
Employer contributions: $693,974
Participant contributions: $1,690,845
Total income / additions: $4,009,086
Benefits paid: $1,845,256
Administrative expenses: $53,517
Total expenses: $1,898,773
Net increase / (decrease): $2,110,313

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Withumsmith Brown Pc$14.2K
NONE · Direct $14.2K
2
Charles Schwab & Co., Inc.$0
NONE · Direct $0 · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241015124232NAL0049441456001 cover?: It is the 2023 Form 5500 filing for Versapay 401(K) Plan, reported by Solupay Consulting LLC (EIN 20-0847158).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).