Varflex Corporation Profit Sharing Plan — Form 5500 plan (Varflex Corporation)
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, Varflex Corporation Profit Sharing Plan is a benefit plan reported by Varflex Corporation under EIN 15-0478990 and plan number 001. The latest loaded filing year is 2023. The filing reports 187 participants and $10,510,091 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Varflex Corporation
- EIN
- 15-0478990
- Plan number
- 001
- Plan type
- 2
- Location
- Rome, NY
- Latest filing year
- 2023
- Participants
- 187
- End-of-year plan assets
- $10,510,091
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 187 | H, C | 20241011083606NAL0021532609001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,510,091
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,510,091
- Net assets (BOY)
- $9,437,347
Income & contributions
- Employer contributions
- $501,676
- Participant contributions
- $100,065
- Total contributions
- $601,741
- Total income / additions
- $1,989,190
Expenses & distributions
- Benefits paid
- $912,844
- Administrative expenses
- $3,602
- Total expenses
- $916,446
- Net increase / (decrease)
- $1,072,744
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Epic Retirement Plan Services | NONE | $0 | $0 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |