Versability Resources, Inc Fringe Benefit Plan — Form 5500 plan (Versability Resources, 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, Versability Resources, Inc Fringe Benefit Plan is a benefit plan reported by Versability Resources, Inc under EIN 54-0802199 and plan number 507. The latest loaded filing year is 2023. The filing reports 323 participants and $45,792 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Versability Resources, Inc
EIN
54-0802199
Plan number
507
Plan type
2
Location
Hampton, VA
Latest filing year
2023
Participants
323
End-of-year plan assets
$45,792

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023323H, C20260402170312NAL0002573457001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$45,792
Total liabilities (EOY)
$219,989
Net assets (EOY)
-$174,197
Net assets (BOY)
-$186,156

Income & contributions

Employer contributions
$2,154,211
Participant contributions
$15,392
Total contributions
$2,169,603
Total income / additions
$2,169,603

Expenses & distributions

Benefits paid
$2,085,322
Administrative expenses
$72,322
Total expenses
$2,157,644
Net increase / (decrease)
$11,959

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Government Service AdministratorsPLAN ADMIN$72,322not reported in the loaded dataset2023

Related Form 5500 pages