401(k) · DOL Form 5500 · 2023

Vertex, Inc. 401(k) Plan

Data updated 2026-08-25

$376M
Total assets Above avg plan size
1,299
Participants Near avg headcount
97th
Percentile by assets National rank
$289,756
Avg per participant High balance/head
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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.

  • #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.

#2,659
in Information & Media (2,818 peers)
+18.1%
assets growth YoY
3.8×
vs typical plan assets (national mean)

Vertex, Inc. 401(k) Plan's outsized position by total assets

Vertex, Inc. 401(k) Plan vs every filed plan by assets

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

$376,393,402 Top 3% higher than 97% 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

Vertex, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Vertex, Inc. 401(k) Plan lands in the large band (1,299 participants).

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 →

Form 5500 schedule snapshot

Filing strip 232081753 · Vertex, Inc. PY 2023 · 401(k)

Vertex, Inc. 401(k) Plan · $376M · 1,299 · 97th

  • RANK $376M
  • RANK 1,299
  • RANK 97th
  • RANK 401(k)
  • RANK near Electrical Construction Industry Annuity Plan
  • RANK ind #2659

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 Information & Media retirement plans → · Plans in Pennsylvania →

Vertex, Inc. 401(k) Plan in the asset neighbourhood

Vertex, Inc. 401(k) Plan$376MElectrical Construction Industry Annuity PlanElectrical Construction Indu…$376MKennedy Krieger Institute Retirement Savings PlanKennedy Krieger Institute Re…$376MVitalant 401(k) Retirement Savings PlanVitalant 401(k) Retirement S…$376MHunt Consolidated, Inc. Fidelity Thrift PlanHunt Consolidated, Inc. Fide…$376M
End-of-year total assets ($M) among Vertex, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Vertex, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$445M 39.651765185679% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $319M $445M ▲ +39.7%
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 Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Vertex, Inc. 401(k) Plan, Total assets ($B): 0.376393402 · Participants: 1299Vertex, Inc. 401(k) 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
Vertex, Inc. 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Vertex, Inc. 401(k) Plan side-by-side with 3 peers →

Vertex, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Electrical Construction Industry Annuity Plan in WI ($376M); by covered participants it is Klaviyo, Inc. 401(k) Plan in MA (1,299 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($376M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,299 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 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).
Which 401(k) plans cover a similar participant headcount to Vertex, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Klaviyo, Inc. 401(k) Plan in MA (1,299 participants, $75M 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 232081753.

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.