Vertilux Ltd Usa 401(K) Profit Sharing Plan & Trust — Form 5500 plan (Vertilux Limited)

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, Vertilux Ltd Usa 401(K) Profit Sharing Plan & Trust is a benefit plan reported by Vertilux Limited under EIN 65-0540437 and plan number 001. The latest loaded filing year is 2023. The filing reports 137 participants and $3,778,756 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.8MPlan net assets, end of year$3,778,756
Participants137Covered participants reported
Assets / participant$27.6KComputed: assets ÷ participants$27,582 (computed)
Provider compensation$20.7K3 Schedule C provider row(s)$20,717
Plan sponsor
Vertilux Limited
EIN
65-0540437
Plan number
001
Plan type
2
Location
Medley, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023137H, C20240912145759NAL0017454914001
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)$3.8M total assets
Net assets$3.8MLiabilities$0
Money in vs. money out
Total income / additions$908.6K
Total expenses$347.4K
Benefits paid / distributions$329.5K
Contributions
Employer$115.3K
Participant$299.4K
Full reported line items

Net assets

Total assets (EOY)
$3,778,756
Total liabilities (EOY)
$0
Net assets (EOY)
$3,778,756
Net assets (BOY)
$3,217,505

Income & contributions

Employer contributions
$115,301
Participant contributions
$299,441
Total contributions
$414,742
Total income / additions
$908,621

Expenses & distributions

Benefits paid
$329,508
Administrative expenses
$7,979
Total expenses
$347,370
Net increase / (decrease)
$561,251
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 28%Participant 72%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Raymond James Financial ServicesSERVICE PROVIDER$0$7,8392023
Financial Designs Wealth ManagementSERVICE PROVIDER$0$7,8392023
Voya Retirement Insurance & AnnuityRECORDKEEPER$5,039$02023

Related Form 5500 pages