Plan5500

Vernay Laboratories Retirement Income Plan — Form 5500 plan (Vernay Laboratories, 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, Vernay Laboratories Retirement Income Plan is a benefit plan reported by Vernay Laboratories, Inc. under EIN 31-0511814 and plan number 003. The latest loaded filing year is 2023. The filing reports 221 participants and $13,506,736 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$13.5MPlan net assets, end of year$13,506,736
Participants221Covered participants reported
Assets / participant$61.1KComputed: assets ÷ participants$61,116 (computed)
Provider compensation$6.2K1 Schedule C provider row(s)$6,182
Plan sponsor
Vernay Laboratories, Inc.
EIN
31-0511814
Plan number
003
Plan type
2
Location
Hapeville, GA
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    221 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$13.5M total assets
Net assets$13.5MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$2.1M
Benefits paid / distributions$2.1M
Contributions
Employer$970.2K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$13,506,736
Total liabilities (EOY)
$0
Net assets (EOY)
$13,506,736
Net assets (BOY)
$13,461,920

Income & contributions

Employer contributions
$970,165
Total contributions
$970,165
Total income / additions
$2,153,927

Expenses & distributions

Benefits paid
$2,102,929
Administrative expenses
$6,182
Total expenses
$2,109,111
Net increase / (decrease)
$44,816
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income98%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Fifth Third Bank$6.2K
    NONE · Direct $6.2K · Indirect $0

Related Form 5500 pages