The Vincit Company, LLC 401(K) Plan — Form 5500 plan (The Vincit Company, LLC)

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, The Vincit Company, LLC 401(K) Plan is a benefit plan reported by The Vincit Company, LLC under EIN 62-1723130 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,641 participants and $17,464,630 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Vincit Company, LLC
EIN
62-1723130
Plan number
001
Plan type
2
Location
Chattanooga, TN
Latest filing year
2023
Participants
7,641
End-of-year plan assets
$17,464,630

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20237,641H, C20240828150359NAL0012288257001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,464,630
Total liabilities (EOY)
$183,336
Net assets (EOY)
$17,281,294
Net assets (BOY)
$13,652,923

Income & contributions

Employer contributions
$488,867
Participant contributions
$1,441,498
Total contributions
$2,388,699
Total income / additions
$4,996,399

Expenses & distributions

Benefits paid
$1,210,184
Administrative expenses
$157,844
Total expenses
$1,368,028
Net increase / (decrease)
$3,628,371

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CoCONTRACT ADMINISTRATOR$69,842$02023
Erisa Services, Inc.CONTRACT ADMINISTRATOR$48,459$7,1042023
Merrill LynchCONSULTANT$39,542$4,1092023

Related Form 5500 pages