Virginia Imports, Ltd. Employees' Profit-Sharing And 401(K) Plan — Form 5500 plan (Virginia Imports, Ltd.)
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 Imports, Ltd. Employees' Profit-Sharing And 401(K) Plan is a benefit plan reported by Virginia Imports, Ltd. under EIN 54-1085981 and plan number 002. The latest loaded filing year is 2023. The filing reports 210 participants and $11,230,998 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Virginia Imports, Ltd.
- EIN
- 54-1085981
- Plan number
- 002
- Plan type
- 2
- Location
- Springfield, VA
- Latest filing year
- 2023
- Participants
- 210
- End-of-year plan assets
- $11,230,998
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 210 | H, C | 20241007141520NAL0015310417001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,230,998
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,230,998
- Net assets (BOY)
- $9,671,273
Income & contributions
- Employer contributions
- $355,000
- Participant contributions
- $310,704
- Total contributions
- $665,704
- Total income / additions
- $2,155,987
Expenses & distributions
- Benefits paid
- $528,571
- Administrative expenses
- $59,433
- Total expenses
- $596,262
- Net increase / (decrease)
- $1,559,725
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mckinley Carter Wealth Services | INVESTMENT ADVISOR | $27,405 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $26,336 | $0 | 2023 |
| Empower Advisory Group | INVESTMENT MANAGER | $3,947 | not reported in the loaded dataset | 2023 |
| Retirement Benefit Solutions | CONTRACT ADMIN | $1,750 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Virginia Imports, Ltd.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Springfield, VA
- Mckinley Carter Wealth Services — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Empower Advisory Group — Schedule C compensation
- Retirement Benefit Solutions — Schedule C compensation