401(k) · DOL Form 5500 · 2023

Veritas Technologies LLC 401(k) Plan

Data updated 2026-08-11

$595M
Total assets
1,779
Participants
98th
Percentile by assets
$334,499
Avg per participant
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Official DOL plan name: Veritas 401(k) Plan · Sponsored by Veritas Technologies LLC · California · Professional & Technical Services

$595M in assets, 1,779 participants

Veritas Technologies LLC's Veritas 401(k) Plan reported $595M in total assets and 1,779 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #20,018 in Professional & Technical Services (20,321 peers)

Coverage in California

Veritas 401(k) Plan covers 1,779 participants in California, 2.8x the typical California plan (state average ~630 per filing). Assets: $595M.

$595M
total plan assets (2023 EOY)
1,779
covered participants
98th
percentile by assets (of 127,072 plans)
$334,499
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Veritas 401(k) Plan reported net income rose from -$96M in the plan year 2022 filing to $94M in the plan year 2023 filing.
  • Veritas 401(k) Plan end-of-year assets rose from $501M in the plan year 2022 filing to $595M in the plan year 2023 filing.
  • Veritas 401(k) Plan reported participants rose from 1,668 in the plan year 2022 filing to 1,779 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Veritas 401(k) Plan reports 1,779 participants - 2.8x that state average ($595M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$501M
Net Assets (End of Year)$595M
Net Income$94M
Employer EIN472839960
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Veritas Technologies LLC)

$450M$500M$550M$600M$650M 20222023 $501M $595M ▲ +18.9%
Total plan assets by year, all Veritas Technologies LLC plans on file
Year Plans Participants Total Assets
2022 1 1,668 $501M
2023 1 1,779 $595M

Nearby 401(k) Plans in California

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

Veritas 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Veritas 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Veritas 401(k) PlanWells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Veritas 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Veritas 401(k) Plan assets move in 2023?
Veritas 401(k) Plan grew sharply - up 18.9% during 2023, from $501M to $595M. Reported net income was $94M.
How have Veritas Technologies LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Veritas Technologies LLC's sponsor-wide assets grew 18.9%, from $501M to $595M.
Where does Veritas 401(k) Plan rank by assets among Form 5500 filers?
Veritas 401(k) Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Veritas 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is White Cap 401(k) Retirement Plan in GA ($595M, 8,660 participants).

Filing takeaways

Ways to act on Veritas 401(k) Plan's numbers.