The Vmc Group 401(K) Plan — Form 5500 plan (The Vmc Group)
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, The Vmc Group 401(K) Plan is a benefit plan reported by The Vmc Group under EIN 20-2305737 and plan number 002. The latest loaded filing year is 2023. The filing reports 201 participants and $7,774,803 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.8MPlan net assets, end of year$7,774,803
Participants201Covered participants reported
Assets / participant$38.7KComputed: assets ÷ participants$38,681 (computed)
Provider compensation$19.8K3 Schedule C provider row(s)$19,804
- Plan sponsor
- The Vmc Group
- EIN
- 20-2305737
- Plan number
- 002
- Plan type
- 2
- Location
- Bloomingdale, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 201 | H, C | 20241011135834NAL0022884801001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$7.8M total assets
Net assets$7.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,774,803
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,774,803
- Net assets (BOY)
- $6,675,267
Income & contributions
- Participant contributions
- $567,197
- Total contributions
- $571,236
- Total income / additions
- $1,746,100
Expenses & distributions
- Benefits paid
- $626,761
- Administrative expenses
- $19,803
- Total expenses
- $646,564
- Net increase / (decrease)
- $1,099,536
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Life Insurance Company | RECORDKEEPER | $15,144 | $0 | 2023 |
| The Benefit Practice | RECORDKEEPER | $2,535 | $0 | 2023 |
| Mid-Atlantic Pension Specialists, I | THIRD PARTY ADMIN | $2,125 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Vmc Group
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Bloomingdale, NJ
- Transamerica Life Insurance Company — Schedule C compensation
- The Benefit Practice — Schedule C compensation
- Mid-Atlantic Pension Specialists, I — Schedule C compensation