Plan5500

Verisma Systems, Inc. 401(K) Plan — Form 5500 plan (Verisma Systems, Inc.)

Plain-English plan 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, Verisma Systems, Inc. 401(K) Plan is a benefit plan reported by Verisma Systems, Inc. under EIN 03-0438772 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,231 participants and $6,698,210 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Verisma Systems, Inc.
EIN
03-0438772
Plan number
001
Plan type
2
Location
Alexandria, VA
Latest filing year
2023
Participants
1,231
End-of-year plan assets
$6,698,210

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,231H, C20241011165457NAL0023278641001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,698,210
Total liabilities (EOY)
$0
Net assets (EOY)
$6,698,210
Net assets (BOY)
$3,698,850

Income & contributions

Participant contributions
$1,703,571
Total contributions
$2,852,281
Total income / additions
$3,792,938

Expenses & distributions

Benefits paid
$710,918
Administrative expenses
$82,660
Total expenses
$793,578
Net increase / (decrease)
$2,999,360

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$82,660$02023
Valley Forge Investment ConsultantsINVESTMENT ADVISORY$0$21,1592023

Related Form 5500 pages