401(k) · DOL Form 5500 · 2023

Vertex, Inc. 401(k) Plan

Data updated 2026-08-11

$376M
Total assets
1,299
Participants
97th
Percentile by assets
$289,756
Avg per participant
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Official DOL plan name: Vertex, Inc. 401(k) Plan · Sponsored by Vertex, Inc. · Pennsylvania · Information & Media

$376M in assets, 1,299 participants

Vertex, Inc.'s Vertex, Inc. 401(k) Plan reported $376M in total assets and 1,299 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #2,659 in Information & Media (2,818 peers)

Where Vertex, Inc. 401(k) Plan sits by assets

Vertex, Inc. 401(k) Plan sits in the top 5% of all filed plans by assets, $376M for 1,299 participants (~$289,756/participant), up 18.1% in 2023.

$376M
total plan assets (2023 EOY)
1,299
covered participants
97th
percentile by assets (of 127,072 plans)
$289,756
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vertex, Inc. 401(k) Plan reported net income rose from -$52M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Vertex, Inc. 401(k) Plan end-of-year assets rose from $319M in the plan year 2022 filing to $376M in the plan year 2023 filing.
  • Vertex, Inc. 401(k) Plan reported participants rose from 1,181 in the plan year 2022 filing to 1,299 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Vertex, Inc. 401(k) Plan vs the 2023 asset distribution

By assets, Vertex, Inc. 401(k) Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$319M
Net Assets (End of Year)$376M
Net Income$58M
Employer EIN232081753
Plan Effective Date1984-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Vertex, Inc.)

$300M$350M$400M$450M$500M 202220232024 $319M $445M ▲ +39.7%
Total plan assets by year, all Vertex, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,181 $319M
2023 1 1,299 $376M
2024 1 1,362 $445M

Nearby 401(k) Plans in Pennsylvania

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

Vertex, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Vertex, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Vertex, Inc. 401(k) …Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Vertex, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Vertex, Inc. 401(k) Plan assets move in 2023?
Vertex, Inc. 401(k) Plan grew sharply - up 18.1% during 2023, from $319M to $376M. Reported net income was $58M.
How have Vertex, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Vertex, Inc.'s sponsor-wide assets grew 39.7%, from $319M to $445M.
Where does Vertex, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Vertex, Inc. 401(k) Plan ranks in the 97th 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 Vertex, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Electrical Construction Industry Annuity Plan in WI ($376M, 3,308 participants).

Scale reading

Ways to act on Vertex, Inc. 401(k) Plan's numbers.