Plan5500

Verastem, Inc. 401(K) Plan — Form 5500 plan (Verastem, 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, Verastem, Inc. 401(K) Plan is a benefit plan reported by Verastem, Inc. under EIN 27-3269467 and plan number 001. The latest loaded filing year is 2023. The filing reports 136 participants and $13,405,629 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Verastem, Inc.
EIN
27-3269467
Plan number
001
Plan type
2
Location
Needham, MA
Latest filing year
2023
Participants
136
End-of-year plan assets
$13,405,629

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023136H, C20241010145036NAL0020368337001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,405,629
Total liabilities (EOY)
$0
Net assets (EOY)
$13,405,629
Net assets (BOY)
$11,209,926

Income & contributions

Employer contributions
$834,517
Participant contributions
$1,190,549
Total contributions
$2,286,494
Total income / additions
$4,435,253

Expenses & distributions

Benefits paid
$2,216,350
Administrative expenses
$23,200
Total expenses
$2,239,550
Net increase / (decrease)
$2,195,703

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Verus Capital Partners LLCINV ADVISOR$22,375not reported in the loaded dataset2023
Capital Group Retirement Plan SerRECORDKEEPER$825$02023

Related Form 5500 pages