Who sponsors the Vertex, Inc. 401(K) Plan?

Vertex, Inc. 401(K) Plan is reported as sponsored by Vertex, Inc. (EIN 23-2081753, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Vertex, Inc. 401(K) Plan?

The latest Form 5500 filing year loaded for Vertex, Inc. 401(K) Plan is 2023.

How many participants does Vertex, Inc. 401(K) Plan report?

Vertex, Inc. 401(K) Plan reports 1,777 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Vertex, Inc. 401(K) Plan?

Vertex, Inc. 401(K) Plan reports $376,393,402 in end-of-year plan assets in its latest loaded Form 5500 filing.

Vertex, Inc. 401(K) Plan — Form 5500 plan (Vertex, 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, Vertex, Inc. 401(K) Plan is a benefit plan reported by Vertex, Inc. under EIN 23-2081753 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,777 participants and $376,393,402 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor: Vertex, Inc.
EIN: 23-2081753
Plan number: 001
Plan type: 2
Location: King Of Prussia, PA
Latest filing year: 2023
Participants: 1,777
End-of-year plan assets: $376,393,402

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	1,777	H, C	20241010114640NAL0035601968001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY): $376,393,402
Total liabilities (EOY): $0
Net assets (EOY): $376,393,402
Net assets (BOY): $318,762,500

Income & contributions

Employer contributions: $10,470,492
Participant contributions: $18,713,217
Total contributions: $32,195,877
Total income / additions: $92,053,073

Expenses & distributions

Benefits paid: $34,257,014
Administrative expenses: $156,387
Total expenses: $34,422,171
Net increase / (decrease): $57,630,902

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Strategic Advisors, Inc.	ADVISOR	$74,582	not reported in the loaded dataset	2023
Vanguard Group Inc.	RECORDKEEPER	$62,608	not reported in the loaded dataset	2023
Vanguard Advisers Inc.	ADVISOR	$21,428	not reported in the loaded dataset	2023
Fidelity Investments Institutional	RECORDKEEPER	$19,197	$0	2023