Venus Concept Usa 401(K) Plan — Form 5500 plan (Venus Concept Usa 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, Venus Concept Usa 401(K) Plan is a benefit plan reported by Venus Concept Usa Inc. under EIN 27-4581083 and plan number 001. The latest loaded filing year is 2023. The filing reports 160 participants and $2,855,478 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Venus Concept Usa Inc.
- EIN
- 27-4581083
- Plan number
- 001
- Plan type
- 2
- Location
- Davie, FL
- Latest filing year
- 2023
- Participants
- 160
- End-of-year plan assets
- $2,855,478
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 160 | H, C | 20240513154301NAL0061287186001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,855,478
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,855,478
- Net assets (BOY)
- $2,240,137
Income & contributions
- Employer contributions
- $110,554
- Participant contributions
- $608,616
- Total contributions
- $804,380
- Total income / additions
- $1,239,175
Expenses & distributions
- Benefits paid
- $593,322
- Administrative expenses
- $30,512
- Total expenses
- $623,834
- Net increase / (decrease)
- $615,341
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $18,412 | $0 | 2023 |
| Kestra Advisory Services, LLC | INVESTMENT ADVISORY | $12,100 | $2 | 2023 |