Vertical Earth 401(K) Plan — Form 5500 plan (Vertical Earth, 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, Vertical Earth 401(K) Plan is a benefit plan reported by Vertical Earth, Inc. under EIN 58-2299053 and plan number 001. The latest loaded filing year is 2023. The filing reports 129 participants and $4,391,425 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Vertical Earth, Inc.
- EIN
- 58-2299053
- Plan number
- 001
- Plan type
- 2
- Location
- Cumming, GA
- Latest filing year
- 2023
- Participants
- 129
- End-of-year plan assets
- $4,391,425
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 129 | H, C | 20241005060930NAL0007408291001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $4,391,425
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $4,391,425
- Net assets (BOY)
- $3,137,924
Income & contributions
- Employer contributions
- $714,023
- Participant contributions
- $470,792
- Total contributions
- $1,215,266
- Total income / additions
- $1,743,713
Expenses & distributions
- Benefits paid
- $452,126
- Administrative expenses
- $38,086
- Total expenses
- $490,212
- Net increase / (decrease)
- $1,253,501
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $35,881 | $0 | 2023 |
| Truist Advisory Services, Inc. | INVESTMENT ADVISORY | $0 | $15,094 | 2023 |
| Wilshire Associates Incorporated | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Vertical Earth, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in GA
- 401(k) and benefit plan filings in Cumming, GA
- Principal Life Insurance Company — Schedule C compensation
- Truist Advisory Services, Inc. — Schedule C compensation
- Wilshire Associates Incorporated — Schedule C compensation