Varsity Brands, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Varsity Brands, LLC)

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, Varsity Brands, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Varsity Brands, LLC under EIN 22-2890400 and plan number 002. The latest loaded filing year is 2023. The filing reports 7,927 participants and $393,111,407 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Varsity Brands, LLC
EIN
22-2890400
Plan number
002
Plan type
2
Location
Farmers Branch, TX
Latest filing year
2023
Participants
7,927
End-of-year plan assets
$393,111,407

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,927H, C20251015131950NAL0002354835001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$393,111,407
Total liabilities (EOY)
$0
Net assets (EOY)
$393,111,407
Net assets (BOY)
$353,758,443

Income & contributions

Employer contributions
$7,709,881
Participant contributions
$26,678,645
Total contributions
$37,097,805
Total income / additions
$96,432,310

Expenses & distributions

Benefits paid
$56,485,223
Administrative expenses
$594,123
Total expenses
$57,079,346
Net increase / (decrease)
$39,352,964

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$552,877$02023
Capfinancial PartnersINVESTMENT ADVISORY$86,253not reported in the loaded dataset2023
Katz,Sapper & MillerACCOUNTANT$30,000not reported in the loaded dataset2023

Related Form 5500 pages