Vopak North America Inc. Incentive Savings Plan — Form 5500 plan (Vopak North America 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, Vopak North America Inc. Incentive Savings Plan is a benefit plan reported by Vopak North America Inc. under EIN 59-1730241 and plan number 002. The latest loaded filing year is 2023. The filing reports 513 participants and $59,579,707 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$59.6MPlan net assets, end of year$59,579,707
Participants513Covered participants reported
Assets / participant$116.1KComputed: assets ÷ participants$116,140 (computed)
Provider compensation$83.1K2 Schedule C provider row(s)$83,074
Plan sponsor
Vopak North America Inc.
EIN
59-1730241
Plan number
002
Plan type
2
Location
Houston, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023513H, C20241016132620NAL0017794147001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$59.6M total assets
Net assets$59.6MLiabilities$0
Money in vs. money out
Total income / additions$14.5M
Total expenses$7.4M
Benefits paid / distributions$7.3M
Contributions
Employer$1.8M
Participant$4M
Full reported line items

Net assets

Total assets (EOY)
$59,579,707
Total liabilities (EOY)
$0
Net assets (EOY)
$59,579,707
Net assets (BOY)
$52,436,223

Income & contributions

Employer contributions
$1,809,415
Participant contributions
$4,015,527
Total contributions
$5,915,956
Total income / additions
$14,537,809

Expenses & distributions

Benefits paid
$7,283,974
Administrative expenses
$82,527
Total expenses
$7,394,325
Net increase / (decrease)
$7,143,484
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 31%Participant 69%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income50%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$49,074$02023
Raymond James & Associates, Inc.NONE$34,000not reported in the loaded dataset2023

Related Form 5500 pages