Verinext Corp. 401(K) Retirement Plan — Form 5500 plan (Verinext Corp.)
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, Verinext Corp. 401(K) Retirement Plan is a benefit plan reported by Verinext Corp. under EIN 23-3024532 and plan number 001. The latest loaded filing year is 2023. The filing reports 444 participants and $33,381,689 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Verinext Corp.
- EIN
- 23-3024532
- Plan number
- 001
- Plan type
- 2
- Location
- Blue Bell, PA
- Latest filing year
- 2023
- Participants
- 444
- End-of-year plan assets
- $33,381,689
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 444 | H, C | 20240710141316NAL0015028049001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,381,689
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,381,689
- Net assets (BOY)
- $25,690,810
Income & contributions
- Employer contributions
- $1,293,517
- Participant contributions
- $3,855,386
- Total contributions
- $5,491,554
- Total income / additions
- $10,964,887
Expenses & distributions
- Benefits paid
- $3,128,041
- Administrative expenses
- $112,552
- Total expenses
- $3,274,008
- Net increase / (decrease)
- $7,690,879
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wealth Advisory Group, Inc | NONE | $84,082 | not reported in the loaded dataset | 2023 |
| Ascensus LLC | NONE | $28,470 | $148 | 2023 |