Virginia Panel Corporation Profit Sharing And 401(K) Plan — Form 5500 plan (Virginia Panel Corporation)
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, Virginia Panel Corporation Profit Sharing And 401(K) Plan is a benefit plan reported by Virginia Panel Corporation under EIN 54-0662149 and plan number 001. The latest loaded filing year is 2023. The filing reports 216 participants and $25,569,537 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Virginia Panel Corporation
- EIN
- 54-0662149
- Plan number
- 001
- Plan type
- 2
- Location
- Waynesboro, VA
- Latest filing year
- 2023
- Participants
- 216
- End-of-year plan assets
- $25,569,537
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 216 | H, C | 20250611145531NAL0014044595001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $25,569,537
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,569,537
- Net assets (BOY)
- $22,449,994
Income & contributions
- Employer contributions
- $1,270,834
- Participant contributions
- $525,807
- Total contributions
- $1,871,232
- Total income / additions
- $5,948,207
Expenses & distributions
- Benefits paid
- $2,717,004
- Administrative expenses
- $104,623
- Total expenses
- $2,828,664
- Net increase / (decrease)
- $3,119,543
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Lpl Financial | INVESTMENT/FINANCIAL ADVI | $70,196 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $34,426 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |