Silveredge Government Solutions 401(K) Plan — Form 5500 plan (Varen Technologies, 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, Silveredge Government Solutions 401(K) Plan is a benefit plan reported by Varen Technologies, Inc. under EIN 20-2866339 and plan number 001. The latest loaded filing year is 2023. The filing reports 256 participants and $48,036,781 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Varen Technologies, Inc.
EIN
20-2866339
Plan number
001
Plan type
2
Location
Columbia, MD
Latest filing year
2023
Participants
256
End-of-year plan assets
$48,036,781

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023256H, C20241014044630NAL0025574257001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$48,036,781
Total liabilities (EOY)
$0
Net assets (EOY)
$48,036,781
Net assets (BOY)
$29,854,169

Income & contributions

Employer contributions
$1,697,298
Participant contributions
$2,317,596
Total contributions
$4,147,635
Total income / additions
$11,394,625

Expenses & distributions

Benefits paid
$6,196,260
Administrative expenses
$84,195
Total expenses
$6,283,489
Net increase / (decrease)
$5,111,136

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Securities America Advisor IncADVISOR$41,720not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$36,372$02023
Usi Advisors IncADVISOR$6,102not reported in the loaded dataset2023

Related Form 5500 pages