Plan5500

Vec, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Vec, 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, Vec, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Vec, Inc. under EIN 34-0964844 and plan number 003. The latest loaded filing year is 2023. The filing reports 105 participants and $10,078,822 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Vec, Inc.
EIN
34-0964844
Plan number
003
Plan type
2
Location
Girard, OH
Latest filing year
2023
Participants
105
End-of-year plan assets
$10,078,822

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023105H, C20241015105004NAL0014430307001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$10,078,822
Total liabilities (EOY)
$0
Net assets (EOY)
$10,078,822
Net assets (BOY)
$8,551,421

Income & contributions

Employer contributions
$331,920
Participant contributions
$559,122
Total contributions
$891,042
Total income / additions
$2,520,337

Expenses & distributions

Benefits paid
$942,540
Administrative expenses
$50,396
Total expenses
$992,936
Net increase / (decrease)
$1,527,401

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill LynchADVISOR$35,527not reported in the loaded dataset2023
Newport Group, Inc.RECORD-KEEPER$12,212$02023

Related Form 5500 pages