Verde Holdings, Inc. 401(K) Plan — Form 5500 plan (Verde Holdings, 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, Verde Holdings, Inc. 401(K) Plan is a benefit plan reported by Verde Holdings, Inc. under EIN 76-0697864 and plan number 003. The latest loaded filing year is 2023. The filing reports 680 participants and $56,786,313 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Verde Holdings, Inc.
EIN
76-0697864
Plan number
003
Plan type
2
Location
Stafford, TX
Latest filing year
2023
Participants
680
End-of-year plan assets
$56,786,313

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023680H, C20250714152252NAL0001227697001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$56,786,313
Total liabilities (EOY)
$21,875
Net assets (EOY)
$56,764,438
Net assets (BOY)
$44,925,653

Income & contributions

Employer contributions
$1,020,766
Participant contributions
$4,288,306
Total contributions
$8,349,544
Total income / additions
$19,672,794

Expenses & distributions

Benefits paid
$7,777,093
Administrative expenses
$51,864
Total expenses
$7,834,009
Net increase / (decrease)
$11,838,785

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$56,863$02023

Related Form 5500 pages