401(k) · DOL Form 5500 · 2022

Veritas Technologies LLC 401(k) Plan

Data updated 2026-08-11

$501M
Total assets
1,668
Participants
98th
Percentile by assets
$300,141
Avg per participant
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Official DOL plan name: Veritas 401(k) Plan · Sponsored by Veritas Technologies LLC · California · Professional & Technical Services

$501M in assets, 1,668 participants

Veritas Technologies LLC's Veritas 401(k) Plan reported $501M in total assets and 1,668 participants in its 2022 DOL Form 5500 filing, ranking in the 98th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 98th percentile by assets (of 139,126 plans)
  • #21,253 in Professional & Technical Services (21,562 peers)

Coverage in California

Veritas 401(k) Plan covers 1,668 participants in California, 2.6x the typical California plan (state average ~630 per filing). Assets: $501M.

$501M
total plan assets (2022 EOY)
1,668
covered participants
98th
percentile by assets (of 139,126 plans)
$300,141
avg assets per participant

The plan reported a net loss of $96M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Veritas 401(k) Plan reports 1,668 participants - 2.6x that state average ($501M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$597M
Net Assets (End of Year)$501M
Net Income-$96M
Employer EIN472839960
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Veritas Technologies LLC)

$450M$500M$550M$600M$650M 20222023 $501M $595M ▲ +18.9%
Total plan assets by year, all Veritas Technologies LLC plans on file
Year Plans Participants Total Assets
2022 1 1,668 $501M
2023 1 1,779 $595M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Veritas 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Veritas 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -1001020304050 Total assets ($B) Participants Veritas 401(k) PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Veritas 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Veritas 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Veritas 401(k) Plan assets move in 2022?
Veritas 401(k) Plan declined sharply - down 16.1% during 2022, from $597M to $501M. Reported net income was -$96M.
How have Veritas Technologies LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Veritas Technologies LLC's sponsor-wide assets grew 18.9%, from $501M to $595M.
Where does Veritas 401(k) Plan rank by assets among Form 5500 filers?
Veritas 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Veritas 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Employee Savings Plan of Winston & Strawn LLP in IL ($501M, 1,618 participants).

Filing takeaways

Ways to act on Veritas 401(k) Plan's numbers.