401(k) · DOL Form 5500 · 2023

Veris Residential, Inc. 401(k) Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
216
Participants Below avg headcount
86th
Percentile by assets National rank
$249,633
Avg per participant Above avg balance/head
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Official DOL plan name: Veris Residential, Inc. 401(k) Savings/Retirement Plan · Sponsored by Veris Residential, Inc. · New Jersey · Real Estate

$54M in assets, 216 participants

Veris Residential, Inc.'s Veris Residential, Inc. 401(k) Savings/Retirement Plan reported $54M in total assets and 216 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #4,489 in Real Estate (4,727 peers)

Coverage in New Jersey

Veris Residential, Inc. 401(k) Savings/Retirement Plan covers 216 participants in New Jersey, about 26% of the average New Jersey filer (state average ~844 per filing). Assets: $54M.

#4,489
in Real Estate (4,727 peers)
+12.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Veris Residential, Inc. 401(k) Savings/Retirement Plan's outsized position by total assets

Veris Residential, Inc. 401(k) Savings/Retirement Plan vs every filed plan by assets

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

$53,920,738 Top 14% higher than 86% 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

Veris Residential, Inc. 401(k) Savings/Retirement 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. Veris Residential, Inc. 401(k) Savings/Retirement Plan sits mid-pack in the medium band (216 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Veris Residential, Inc. 401(k) Savings/Retirement Plan reported net income rose from -$17M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Veris Residential, Inc. 401(k) Savings/Retirement Plan end-of-year assets rose from $48M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Veris Residential, Inc. 401(k) Savings/Retirement Plan reported participants fell from 235 in the plan year 2022 filing to 216 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 223305147 · Veris Residential, Inc. PY 2023 · 401(k)

Veris Residential, Inc. 401(k) Savings/Retirement Plan · $54M · 216 · 86th

  • IND $54M
  • IND 216
  • IND 86th
  • IND 401(k)
  • IND near Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan
  • IND ind #4489

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 Real Estate retirement plans → · Plans in New Jersey →

Veris Residential, Inc. 401(k) Savings/Retirement Plan in the asset neighbourhood

Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings PlanChicago Tube and Iron Co. Em…$54MNewbury Corporation Profit Incentive and Employees' Savings PlanNewbury Corporation Profit I…$54MAirtable 401(k) Plan$54MVeris Residential, Inc. 401(k) Savings/Retirement PlanVeris Residential, Inc. 401(…$54MBrembo North America, Inc. Employees' 401(k) Retirement Savings PlanBrembo North America, Inc. E…$54M
End-of-year total assets ($M) among Veris Residential, Inc. 401(k) Savings/Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$54M
Net Income$6M
Employer EIN223305147
Plan Effective Date1991-04-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Veris Residential, Inc.)

Sponsor-wide plan assets over time

All Veris Residential, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$58M 21.668150703185223% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $48.1M $58.5M ▲ +21.7%
Year Plans Participants Total Assets
2022 1 235 $48M
2023 1 216 $54M
2024 1 196 $58M

Nearby 401(k) Plans in New Jersey

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

Veris Residential, Inc. 401(k) Savings/Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Veris Residential, Inc. 401(k) Savings/Retirement Plan, Total assets ($B): 0.053920738 · Participants: 216Veris Residential, Inc. 401(k) Savings/Retirement 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
Veris Residential, Inc. 401(k) Savings/Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Veris Residential, Inc. 401(k) Savings/Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan in IL ($54M); by covered participants it is Hitachi Rail Honolulu Jv Retirement/Savings Plan in PA (216 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (216 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 Veris Residential, Inc. 401(k) Savings/Retirement Plan assets move in 2023?
Veris Residential, Inc. 401(k) Savings/Retirement Plan grew at a solid clip - up 12.2% during 2023, from $48M to $54M. Reported net income was $6M.
How have Veris Residential, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Veris Residential, Inc.'s sponsor-wide assets grew 21.7%, from $48M to $58M.
Where does Veris Residential, Inc. 401(k) Savings/Retirement Plan rank by assets among Form 5500 filers?
Veris Residential, Inc. 401(k) Savings/Retirement Plan ranks in the 86th 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 Veris Residential, Inc. 401(k) Savings/Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Chicago Tube and Iron Co. Employees' Profit Sharing & 401(k) Savings Plan in IL ($54M, 351 participants).
Which 401(k) plans cover a similar participant headcount to Veris Residential, Inc. 401(k) Savings/Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Hitachi Rail Honolulu Jv Retirement/Savings Plan in PA (216 participants, N/A in assets).