401(k) · DOL Form 5500 · 2023

Verinext Corp. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
326
Participants Below avg headcount
81st
Percentile by assets National rank
$102,398
Avg per participant Below avg balance/head
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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.

  • #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.

#16,511
in Professional & Technical Services (20,321 peers)
+29.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Verinext Corp. 401(k) Retirement Plan's outsized position 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 $2,050,000,000 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

Verinext Corp. 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Verinext Corp. 401(k) Retirement Plan sits mid-pack in the medium band (326 participants).

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 →

DOL schedule card

Filing strip 233024532 · Verinext Corp. PY 2023 · 401(k)

Verinext Corp. 401(k) Retirement Plan · $33M · 326 · 81st

  • EBSA $33M
  • EBSA 326
  • EBSA 81st
  • EBSA 401(k)
  • EBSA near Kent Companies, Inc. Profit Sharing and 401(k) Savings Plan
  • EBSA ind #16511

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 Professional & Technical Services retirement plans → · Plans in Pennsylvania →

Verinext Corp. 401(k) Retirement Plan in the asset neighbourhood

Verinext Corp. 401(k) Retirement PlanVerinext Corp. 401(k) Retire…$33MKent Companies, Inc. Profit Sharing and 401(k) Savings PlanKent Companies, Inc. Profit …$33MAspen Aerogels, Inc. 401(k) PlanAspen Aerogels, Inc. 401(k) …$33MProvidence Administrative Consulting Services Inc 401(k) Profit Sharing Plan & TrustProvidence Administrative Co…$33MInternational Intimates Inc. Retirement PlanInternational Intimates Inc.…$33M
End-of-year total assets ($M) among Verinext Corp. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Verinext Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$40M 55.00382821717182% vs 2022
2024 filing year
$20M$25M$30M$35M$40M$45M 202220232024 $25.7M $39.8M ▲ +55.0%
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 ($B) Participants Verinext Corp. 401(k) Retirement Plan, Total assets ($B): 0.033381689 · Participants: 326Verinext Corp. 401(k) Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
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 →

Verinext Corp. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Kent Companies, Inc. Profit Sharing and 401(k) Savings Plan in MI ($33M); by covered participants it is Florida National University 401(k) Plan in FL (326 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (326 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 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).
Which 401(k) plans cover a similar participant headcount to Verinext Corp. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Florida National University 401(k) Plan in FL (326 participants, $14M in assets).

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.