401(k) · DOL Form 5500 · 2023

Vernice Incorporated 401(k) Plan

Data updated 2026-08-25

$548K
Total assets Small plan by assets
2
Participants Small participant base
19th
Percentile by assets National rank
$274,020
Avg per participant High balance/head
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Official DOL plan name: Vernice Incorporated Retirement Plan · Sponsored by Vernice Incorporated · North Carolina · Construction

$548K in assets, 2 participants

Vernice Incorporated's Vernice Incorporated Retirement Plan reported $548K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #1,553 in Construction (9,030 peers)

Vernice Incorporated multi-year trail

Vernice Incorporated's plans moved +23.7% in assets from 2022 to 2024; this filing shows Vernice Incorporated Retirement Plan at $548K / 2 participants.

#1,553
in Construction (9,030 peers)
-3.5%
assets change YoY

The plan reported a net loss of $20K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Vernice Incorporated Retirement Plan among the smaller filed plans by assets

Vernice Incorporated Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$548,039 19th percentile higher than 19% of 127,068 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 2023

Vernice Incorporated Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Vernice Incorporated Retirement Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vernice Incorporated Retirement Plan reported net income rose from -$22K in the plan year 2022 filing to -$20K in the plan year 2023 filing.
  • Vernice Incorporated Retirement Plan end-of-year assets fell from $568K in the plan year 2022 filing to $548K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 463910564 · Vernice Incorporated PY 2023 · 401(k)

Vernice Incorporated Retirement Plan · $548K · 2 · 19th

  • EBSA $548K
  • PART 2
  • TYPE 19th
  • NET 401(k)
  • BOOK near King's Ohana Retirement Plan
  • VS-ST ind #1553

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 Construction retirement plans → · Plans in North Carolina →

Vernice Incorporated Retirement Plan in the asset neighbourhood

Vernice Incorporated Retirement PlanVernice Incorporated Retirem…$548KKing's Ohana Retirement Plan$548KTri Company 401(k) Plan$548KGreenwich Investment Resources 401(k) Profit Sharing Plan & TrustGreenwich Investment Resourc…$548KChoices Home Care, Inc. 401(k) PlanChoices Home Care, Inc. 401(…$548K
End-of-year total assets ($M) among Vernice Incorporated Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Vernice Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All Vernice Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$702K 23.67953901858296% vs 2022
2024 filing year
$0.5M$0.55M$0.6M$0.65M$0.7M$0.75M 202220232024 $0.57M $0.7M ▲ +22.8%
Year Plans Participants Total Assets
2022 1 2 $568K
2023 1 2 $548K
2024 1 2 $702K

Vernice Incorporated filing trail (2023)

Total Assets (Beginning of Year)$568K
Net Assets (End of Year)$548K
Net Income-$20K
Employer EIN463910564
Plan Effective Date2013-10-20
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Vernice Incorporated Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Vernice Incorporated Retirement Plan, Total assets ($B): 0.000548039 · Participants: 2Vernice Incorporated Retirement PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Vernice Incorporated Retirement Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is King's Ohana Retirement Plan in CO ($548K); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($548K here).

Similar participant headcount

Nearest other-state filings by covered participants (2 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Vernice Incorporated Retirement Plan assets move in 2023?
Vernice Incorporated Retirement Plan edged down modestly - down 3.5% during 2023, from $568K to $548K. Reported net income was -$20K.
How have Vernice Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Vernice Incorporated's sponsor-wide assets grew 23.7%, from $568K to $702K.
Where does Vernice Incorporated Retirement Plan rank by assets among Form 5500 filers?
Vernice Incorporated Retirement Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Vernice Incorporated Retirement Plan?
Among 401(k) plans in other states, the closest by assets is King's Ohana Retirement Plan in CO ($548K, 3 participants).
Which 401(k) plans cover a similar participant headcount to Vernice Incorporated Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A in assets).