401(k) · DOL Form 5500 · 2023

Versa Networks Inc 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
244
Participants Below avg headcount
75th
Percentile by assets National rank
$93,757
Avg per participant Below avg balance/head
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Official DOL plan name: Versa Networks 401(k) Plan · Sponsored by Versa Networks Inc · California · Information & Media

$23M in assets, 244 participants

Versa Networks Inc's Versa Networks 401(k) Plan reported $23M in total assets and 244 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #1,853 in Information & Media (2,818 peers)

Coverage in California

Versa Networks 401(k) Plan covers 244 participants in California, about 39% of the average California filer (state average ~630 per filing). Assets: $23M.

#1,853
in Information & Media (2,818 peers)
+44.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Versa Networks 401(k) Plan's outsized position by total assets

Versa Networks 401(k) Plan vs every filed plan by assets

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

$22,876,780 Top 25% higher than 75% 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

Versa Networks 401(k) 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. Versa Networks 401(k) Plan sits mid-pack in the medium band (244 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Versa Networks 401(k) Plan reported net income rose from $732K in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Versa Networks 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Versa Networks 401(k) Plan reported participants rose from 232 in the plan year 2022 filing to 244 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 364741451 · Versa Networks Inc PY 2023 · 401(k)

Versa Networks 401(k) Plan · $23M · 244 · 75th

  • EBSA $23M
  • PART 244
  • TYPE 75th
  • NET 401(k)
  • BOOK near Activar, Inc. & Affiliated Companies Tax Deferred Savings Plan
  • VS-ST ind #1853

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 California →

Versa Networks 401(k) Plan in the asset neighbourhood

Versa Networks 401(k) Plan$23MActivar, Inc. & Affiliated Companies Tax Deferred Savings PlanActivar, Inc. & Affiliated C…$23MAtlanta Beverage Company 401(k) Profit Sharing PlanAtlanta Beverage Company 401…$23MWatersaver Salaried Employees Individual Account PlanWatersaver Salaried Employee…$23MPacific Woodtech Corporation 401(k) PlanPacific Woodtech Corporation…$23M
End-of-year total assets ($M) among Versa Networks 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$23M
Net Income$7M
Employer EIN364741451
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Versa Networks Inc)

Sponsor-wide plan assets over time

All Versa Networks Inc plans reported in each filing year

Latest sponsor-wide plan assets
$29M 86.36185449107955% vs 2022
2024 filing year
$10M$15M$20M$25M$30M$35M 202220232024 $15.8M $29.5M ▲ +86.4%
Year Plans Participants Total Assets
2022 1 232 $16M
2023 1 244 $23M
2024 1 252 $29M

Nearby 401(k) Plans in California

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

Versa Networks 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Versa Networks 401(k) Plan, Total assets ($B): 0.02287678 · Participants: 244Versa Networks 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Versa Networks 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Versa Networks 401(k) Plan side-by-side with 3 peers →

Versa Networks 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Activar, Inc. & Affiliated Companies Tax Deferred Savings Plan in MN ($23M); by covered participants it is One Network Enterprises, Inc. 401(k) Ps Plan & Trust in TX (244 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (244 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 Versa Networks 401(k) Plan assets move in 2023? ▼
Versa Networks 401(k) Plan surged - up 44.7% during 2023, from $16M to $23M. Reported net income was $7M.
How have Versa Networks Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Versa Networks Inc's sponsor-wide assets grew 86.4%, from $16M to $29M.
Where does Versa Networks 401(k) Plan rank by assets among Form 5500 filers? ▼
Versa Networks 401(k) Plan ranks in the 75th 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 Versa Networks 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Activar, Inc. & Affiliated Companies Tax Deferred Savings Plan in MN ($23M, 512 participants).
Which 401(k) plans cover a similar participant headcount to Versa Networks 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is One Network Enterprises, Inc. 401(k) Ps Plan & Trust in TX (244 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 364741451.

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.