401(k) · DOL Form 5500 · 2022

Verified Credentials, LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
104
Participants Small participant base
66th
Percentile by assets National rank
$100,912
Avg per participant Below avg balance/head
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Official DOL plan name: Verified Credentials, LLC 401(k) Safe Harbor Plan · Sponsored by Verified Credentials, LLC · Minnesota · Administrative & Support Services

$10M in assets, 104 participants

Verified Credentials, LLC's Verified Credentials, LLC 401(k) Safe Harbor Plan reported $10M in total assets and 104 participants in its 2022 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,072 in Administrative & Support Services (4,927 peers)

Coverage in Minnesota

Verified Credentials, LLC 401(k) Safe Harbor Plan covers 104 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $10M.

#4,072
in Administrative & Support Services (4,927 peers)
-12.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Verified Credentials, LLC 401(k) Safe Harbor Plan's mid-pack asset rank among Administrative & Support Services and all filers

Verified Credentials, LLC 401(k) Safe Harbor Plan vs every filed plan by assets

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

$10,494,881 Top 34% higher than 66% 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

Verified Credentials, LLC 401(k) Safe Harbor 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. Verified Credentials, LLC 401(k) Safe Harbor Plan sits mid-pack in the medium band (104 participants).

DOL schedule card

Filing strip 411505620 · Verified Credentials, LLC PY 2022 · 401(k)

Verified Credentials, LLC 401(k) Safe Harbor Plan · $10M · 104 · 66th

  • NET $10M
  • BOOK 104
  • VS-ST 66th
  • BOY 401(k)
  • SCH near Lumina Foods, LLC Retirement Plan
  • EBSA ind #4072

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 Administrative & Support Services retirement plans → · Plans in Minnesota →

Verified Credentials, LLC 401(k) Safe Harbor Plan in the asset neighbourhood

Verified Credentials, LLC 401(k) Safe Harbor PlanVerified Credentials, LLC 40…$10MLumina Foods, LLC Retirement PlanLumina Foods, LLC Retirement…$10MUpper Skagit Indian Tribe Dba Svcr 401(k) Profit Sharing PlanUpper Skagit Indian Tribe Db…$10MPentel of America, Ltd. Shared Savings PlanPentel of America, Ltd. Shar…$10MRk Stratman, Inc. 401(k) Profit-Sharing PlanRk Stratman, Inc. 401(k) Pro…$10M
End-of-year total assets ($M) among Verified Credentials, LLC 401(k) Safe Harbor Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$10M
Net Income-$1M
Employer EIN411505620
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Verified Credentials, LLC)

Sponsor-wide plan assets over time

All Verified Credentials, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$20M 90.53842535232177% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $10.5M $20M ▲ +90.7%
Year Plans Participants Total Assets
2022 1 104 $10M
2023 1 219 $14M
2024 1 213 $20M

Nearby 401(k) Plans in Minnesota

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

Verified Credentials, LLC 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Verified Credentials, LLC 401(k) Safe Harbor Plan, Total assets ($B): 0.010494881 · Participants: 104Verified Credentials, LLC 401(k) Safe Harbor PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Verified Credentials, LLC 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Verified Credentials, LLC 401(k) Safe Harbor Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Lumina Foods, LLC Retirement Plan in TN ($10M); by covered participants it is First City Credit Union 401(k) Plan in CA (104 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Verified Credentials, LLC 401(k) Safe Harbor Plan assets move in 2022?
Verified Credentials, LLC 401(k) Safe Harbor Plan pulled back noticeably - down 12.1% during 2022, from $12M to $10M. Reported net income was -$1M.
How have Verified Credentials, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Verified Credentials, LLC's sponsor-wide assets grew 90.5%, from $10M to $20M.
Which 401(k) plans are similar in size to Verified Credentials, LLC 401(k) Safe Harbor Plan?
Among 401(k) plans in other states, the closest by assets is Lumina Foods, LLC Retirement Plan in TN ($10M, 354 participants).
Which 401(k) plans cover a similar participant headcount to Verified Credentials, LLC 401(k) Safe Harbor Plan?
Among 401(k) plans in other states, the closest by covered participants is First City Credit Union 401(k) Plan in CA (104 participants, N/A in assets).