401(k) · DOL Form 5500 · 2023

Veritext LLC 401(k) Plan

Data updated 2026-08-25

$76M
Total assets Below avg plan size
1,074
Participants Near avg headcount
89th
Percentile by assets National rank
$70,875
Avg per participant Below avg balance/head
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Official DOL plan name: Veritext LLC 401(k) Savings Plan · Sponsored by Veritext LLC · New Jersey · Finance & Insurance

$76M in assets, 1,074 participants

Veritext LLC's Veritext LLC 401(k) Savings Plan reported $76M in total assets and 1,074 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #7,403 in Finance & Insurance (8,869 peers)

Where Veritext LLC 401(k) Savings Plan sits by assets

Veritext LLC 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $76M for 1,074 participants (~$70,875/participant), up 27.2% in 2023.

#7,403
in Finance & Insurance (8,869 peers)
+27.2%
assets growth YoY
0.8×
vs typical plan assets (national mean)

Veritext LLC 401(k) Savings Plan's outsized position by total assets

Veritext LLC 401(k) Savings Plan vs every filed plan by assets

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

$76,119,745 Top 11% higher than 89% 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

Veritext LLC 401(k) Savings 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. Veritext LLC 401(k) Savings Plan lands in the large band (1,074 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Veritext LLC 401(k) Savings Plan reported net income rose from -$7M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Veritext LLC 401(k) Savings Plan end-of-year assets rose from $60M in the plan year 2022 filing to $76M in the plan year 2023 filing.
  • Veritext LLC 401(k) Savings Plan reported participants rose from 997 in the plan year 2022 filing to 1,074 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 203132569 · Veritext LLC PY 2023 · 401(k)

Veritext LLC 401(k) Savings Plan · $76M · 1,074 · 89th

  • PART $76M
  • PART 1,074
  • PART 89th
  • PART 401(k)
  • PART near Green Plains Inc. 401(k) Plan
  • PART ind #7403

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 Finance & Insurance retirement plans → · Plans in New Jersey →

Veritext LLC 401(k) Savings Plan in the asset neighbourhood

Rosauers Supermarkets, Inc. Retirement PlanRosauers Supermarkets, Inc. …$76MVeritext LLC 401(k) Savings PlanVeritext LLC 401(k) Savings …$76MGreen Plains Inc. 401(k) Plan$76MThe Mohawk Fine Papers Inc. Defined Contribution Savings PlanThe Mohawk Fine Papers Inc. …$76MEquity Group Investments Advantage Retirement Savings PlanEquity Group Investments Adv…$76M
End-of-year total assets ($M) among Veritext LLC 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$76M
Net Income$16M
Employer EIN203132569
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Veritext LLC)

Sponsor-wide plan assets over time

All Veritext LLC plans reported in each filing year

Latest sponsor-wide plan assets
$102M 70.70009151108994% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $59.8M $102M ▲ +70.7%
Year Plans Participants Total Assets
2022 1 997 $60M
2023 1 1,074 $76M
2024 1 1,216 $102M

Nearby 401(k) Plans in New Jersey

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

Veritext LLC 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Veritext LLC 401(k) Savings Plan, Total assets ($B): 0.076119745 · Participants: 1074Veritext LLC 401(k) Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Veritext LLC 401(k) Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Veritext LLC 401(k) Savings Plan side-by-side with 3 peers →

Veritext LLC 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Green Plains Inc. 401(k) Plan in NE ($76M); by covered participants it is Atlantic Corporation of Wilmington, Inc. 401(k) Profit Sharing Plan in NC (1,074 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,074 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 Veritext LLC 401(k) Savings Plan assets move in 2023? ▼
Veritext LLC 401(k) Savings Plan grew sharply - up 27.2% during 2023, from $60M to $76M. Reported net income was $16M.
How have Veritext LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Veritext LLC's sponsor-wide assets grew 70.7%, from $60M to $102M.
Where does Veritext LLC 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Veritext LLC 401(k) Savings Plan ranks in the 89th 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 Veritext LLC 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Green Plains Inc. 401(k) Plan in NE ($76M, 915 participants).
Which 401(k) plans cover a similar participant headcount to Veritext LLC 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Atlantic Corporation of Wilmington, Inc. 401(k) Profit Sharing Plan in NC (1,074 participants, $159M 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 203132569.

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.