401(k) · DOL Form 5500 · 2023

Verinext Corp. 401(k) Plan

Data updated 2026-08-11

$33M
Total assets
326
Participants
81st
Percentile by assets
$102,398
Avg per participant
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Official DOL plan name: Verinext Corp. 401(k) Retirement Plan · Sponsored by Verinext Corp. · Pennsylvania · Professional & Technical Services

$33M in assets, 326 participants

Verinext Corp.'s Verinext Corp. 401(k) Retirement Plan reported $33M in total assets and 326 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 127,072 plans)
  • #16,511 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Verinext Corp. 401(k) Retirement Plan covers 326 participants in Pennsylvania, about 40% of the average Pennsylvania filer (state average ~822 per filing). Assets: $33M.

$33M
total plan assets (2023 EOY)
326
covered participants
81st
percentile by assets (of 127,072 plans)
$102,398
avg assets per participant

Where Verinext Corp. 401(k) Retirement Plan sits by total assets

Verinext Corp. 401(k) Retirement Plan vs every filed plan by assets

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

$33,381,689 Top 19% higher than 81% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Verinext Corp. 401(k) Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Verinext Corp. 401(k) Retirement Plan reported participants rose from 180 in the plan year 2022 filing to 326 in the plan year 2023 filing.
  • Verinext Corp. 401(k) Retirement Plan end-of-year assets rose from $26M in the plan year 2022 filing to $33M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Pennsylvania
Industry
Professional & Technical Services

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Verinext Corp. 401(k) Retirement Plan reports 326 participants - about 40% of that state average ($33M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$33M
Net Income$8M
Employer EIN233024532
Plan Effective Date2000-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Verinext Corp.)

$20M$25M$30M$35M$40M$45M 202220232024 $25.7M $39.8M ▲ +55.0%
Total plan assets by year, all Verinext Corp. plans on file
Year Plans Participants Total Assets
2022 1 180 $26M
2023 1 326 $33M
2024 1 303 $40M

Nearby 401(k) Plans in Pennsylvania

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

Verinext Corp. 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Verinext Corp. 401(k…, Total assets ($B): 0.033381689 · Participants: 326Verinext Corp. 401(k…Comcast Corporation …, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation …Cigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirem…, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirem…The PNC Financial Se…, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Se…The Bank of New York…, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York…
Verinext Corp. 401(k) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Verinext Corp. 401(k) Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Verinext Corp. 401(k) Retirement Plan assets move in 2023? ▼
Verinext Corp. 401(k) Retirement Plan grew sharply - up 29.9% during 2023, from $26M to $33M. Reported net income was $8M.
How have Verinext Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Verinext Corp.'s sponsor-wide assets grew 55.0%, from $26M to $40M.
Where does Verinext Corp. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Verinext Corp. 401(k) Retirement Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Verinext Corp. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kent Companies, Inc. Profit Sharing and 401(k) Savings Plan in MI ($33M, 1,436 participants).

Next read for Verinext Corp. 401(k) Retirement Plan

Filing takeaways

Ways to act on Verinext Corp. 401(k) Retirement Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 233024532.

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.