401(k) · DOL Form 5500 · 2022

Veranex, Inc. 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
253
Participants Below avg headcount
85th
Percentile by assets National rank
$145,470
Avg per participant Above avg balance/head
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Official DOL plan name: Veranex 401(k) Plan · Sponsored by Veranex, Inc. · Massachusetts · Administrative & Support Services

$37M in assets, 253 participants

Veranex, Inc.'s Veranex 401(k) Plan reported $37M in total assets and 253 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #4,594 in Administrative & Support Services (4,927 peers)

Coverage in Massachusetts

Veranex 401(k) Plan covers 253 participants in Massachusetts, about 38% of the average Massachusetts filer (state average ~659 per filing). Assets: $37M.

#4,594
in Administrative & Support Services (4,927 peers)
+14.8%
assets growth YoY
0.4×
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.

Veranex 401(k) Plan's outsized position by total assets

Veranex 401(k) Plan vs every filed plan by assets

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

$36,803,826 Top 15% higher than 85% 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

Veranex 401(k) 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. Veranex 401(k) Plan sits mid-pack in the medium band (253 participants).

DOL schedule card

Filing strip 863497638 · Veranex, Inc. PY 2022 · 401(k)

Veranex 401(k) Plan · $37M · 253 · 85th

  • ASSETS $37M
  • ASSETS 253
  • ASSETS 85th
  • ASSETS 401(k)
  • ASSETS near Torkildson Katz, a Law Corporation-Profit Sharing Plan
  • ASSETS ind #4594

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 Massachusetts →

Veranex 401(k) Plan in the asset neighbourhood

Torkildson Katz, a Law Corporation-Profit Sharing PlanTorkildson Katz, a Law Corpo…$37MAccuweather 401(k) Plan$37MThe Gold Medal Products Co. 401(k) Profit Sharing PlanThe Gold Medal Products Co. …$37MVeranex 401(k) Plan$37MCt Management, Inc. Retirement Savings PlanCt Management, Inc. Retireme…$37M
End-of-year total assets ($M) among Veranex 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$37M
Net Income-$5M
Employer EIN863497638
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Veranex, Inc.)

Sponsor-wide plan assets over time

All Veranex, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$51M 39.89540109226687% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $36.8M $51.5M ▲ +39.9%
Year Plans Participants Total Assets
2022 1 253 $37M
2023 1 417 $48M
2024 1 389 $51M

Nearby 401(k) Plans in Massachusetts

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

Veranex 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Veranex 401(k) Plan, Total assets ($B): 0.036803826 · Participants: 253Veranex 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Veranex 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Veranex 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Torkildson Katz, a Law Corporation-Profit Sharing Plan in HI ($37M); by covered participants it is Hefren-Tillotson, Inc. Retirement Income Plan and Trust in PA (253 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (253 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 Veranex 401(k) Plan assets move in 2022?
Veranex 401(k) Plan grew at a solid clip - up 14.8% during 2022, from $32M to $37M. Reported net income was -$5M.
How have Veranex, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Veranex, Inc.'s sponsor-wide assets grew 39.9%, from $37M to $51M.
Where does Veranex 401(k) Plan rank by assets among Form 5500 filers?
Veranex 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Veranex 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Torkildson Katz, a Law Corporation-Profit Sharing Plan in HI ($37M, 28 participants).
Which 401(k) plans cover a similar participant headcount to Veranex 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Hefren-Tillotson, Inc. Retirement Income Plan and Trust in PA (253 participants, N/A in assets).