401(k) · DOL Form 5500 · 2022

Verabank, Inc. 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
468
Participants Below avg headcount
90th
Percentile by assets National rank
$139,860
Avg per participant Near avg balance/head
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Official DOL plan name: Verabank, Inc. 401(k) Employee Stock Ownership Plan · Sponsored by Verabank, Inc. · Texas · Finance & Insurance

$65M in assets, 468 participants

Verabank, Inc.'s Verabank, Inc. 401(k) Employee Stock Ownership Plan reported $65M in total assets and 468 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,779 in Finance & Insurance (9,261 peers)

Where Verabank, Inc. 401(k) Employee Stock Ownership Plan sits by assets

Verabank, Inc. 401(k) Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $65M for 468 participants (~$139,860/participant), down 6.6% in 2022.

#7,779
in Finance & Insurance (9,261 peers)
-6.6%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Verabank, Inc. 401(k) Employee Stock Ownership Plan's outsized position by total assets

Verabank, Inc. 401(k) Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$65,454,585 Top 10% higher than 90% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Verabank, Inc. 401(k) Employee Stock Ownership Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Verabank, Inc. 401(k) Employee Stock Ownership Plan sits mid-pack in the medium band (468 participants).

DOL schedule card

Filing strip 752371232 · Verabank, Inc. PY 2022 · 401(k)

Verabank, Inc. 401(k) Employee Stock Ownership Plan · $65M · 468 · 90th

  • EIN $65M
  • RANK 468
  • PHOTO 90th
  • IND 401(k)
  • EOY near Metro Infectious Disease Consultants, LLC Profit
  • 5500 ind #7779

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Texas →

Verabank, Inc. 401(k) Employee Stock Ownership Plan in the asset neighbourhood

The Ashgrove Holdings 401(k) PlanThe Ashgrove Holdings 401(k)…$65MMetro Infectious Disease Consultants, LLC ProfitMetro Infectious Disease Con…$65MAmalgamated Sugar Company Salaried 401(k) PlanAmalgamated Sugar Company Sa…$65MNorris Mclaughlin, P.a. Thrift Savings PlanNorris Mclaughlin, P.a. Thri…$65MVerabank, Inc. 401(k) Employee Stock Ownership PlanVerabank, Inc. 401(k) Employ…$65M
End-of-year total assets ($M) among Verabank, Inc. 401(k) Employee Stock Ownership Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$70M
Net Assets (End of Year)$65M
Net Income-$5M
Employer EIN752371232
Plan Effective Date1965-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Verabank, Inc.)

Sponsor-wide plan assets over time

All Verabank, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$89M 35.48891036433888% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $65.5M $88.7M ▲ +35.5%
Year Plans Participants Total Assets
2022 1 468 $65M
2023 1 507 $76M
2024 1 534 $89M

Nearby 401(k) Plans in Texas

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

Verabank, Inc. 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Verabank, Inc. 401(k) Employee Stock Ownership Plan, Total assets ($B): 0.065454585 · Participants: 468Verabank, Inc. 401(k) Employee Stock Ownership PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Verabank, Inc. 401(k) Employee Stock Ownership Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Verabank, Inc. 401(k) Employee Stock Ownership Plan side-by-side with 3 peers →

Verabank, Inc. 401(k) Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Metro Infectious Disease Consultants, LLC Profit in IL ($65M); by covered participants it is Gavin De Becker & Associates, L.P 401(k) Plan in CA (468 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (468 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Verabank, Inc. 401(k) Employee Stock Ownership Plan assets move in 2022? ▼
Verabank, Inc. 401(k) Employee Stock Ownership Plan pulled back noticeably - down 6.6% during 2022, from $70M to $65M. Reported net income was -$5M.
How have Verabank, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Verabank, Inc.'s sponsor-wide assets grew 35.5%, from $65M to $89M.
Where does Verabank, Inc. 401(k) Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Verabank, Inc. 401(k) Employee Stock Ownership Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Verabank, Inc. 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by assets is Metro Infectious Disease Consultants, LLC Profit in IL ($65M, 501 participants).
Which 401(k) plans cover a similar participant headcount to Verabank, Inc. 401(k) Employee Stock Ownership Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gavin De Becker & Associates, L.P 401(k) Plan in CA (468 participants, $27M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 752371232.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.