Plan5500

Versatech, Inc. 401(K) Plan — Form 5500 plan (Versatech, 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, Versatech, Inc. 401(K) Plan is a benefit plan reported by Versatech, Inc. under EIN 51-0548968 and plan number 001. The latest loaded filing year is 2023. The filing reports 139 participants and $7,247,851 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Versatech, Inc.
EIN
51-0548968
Plan number
001
Plan type
2
Location
Savage, MD
Latest filing year
2023
Participants
139
End-of-year plan assets
$7,247,851

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023139H, C20241015151335NAL0028892401001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$7,247,851
Total liabilities (EOY)
$0
Net assets (EOY)
$7,247,851
Net assets (BOY)
$5,371,496

Income & contributions

Employer contributions
$283,610
Participant contributions
$733,237
Total contributions
$1,217,283
Total income / additions
$2,305,916

Expenses & distributions

Benefits paid
$393,470
Administrative expenses
$36,091
Total expenses
$429,561
Net increase / (decrease)
$1,876,355

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Booster, LLCINVESTMENT/FINANCIAL ADVI$16,515not reported in the loaded dataset2023
Adp, Inc.RECORD KEEPER$2,776$02023
The Vanguard Group, Inc.NONE$285$02023

Related Form 5500 pages