401(k) · DOL Form 5500 · 2023
VERESCENCE 401(k) Plan
Data updated 2026-08-25
- $19M
- Total assets Small plan by assets
- 345
- Participants Below avg headcount
- 71st
- Percentile by assets National rank
- $53,732
- Avg per participant Low balance/head
Official DOL plan name: The Verescence 401(k) Plan · Sponsored by VERESCENCE · Georgia · Manufacturing
$19M in assets, 345 participants
VERESCENCE's The Verescence 401(k) Plan reported $19M in total assets and 345 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.
- #11,361 in Manufacturing (18,722 peers)
Coverage in Georgia
The Verescence 401(k) Plan covers 345 participants in Georgia, about 31% of the average Georgia filer (state average ~1,096 per filing). Assets: $19M.
- #11,361
- in Manufacturing (18,722 peers)
- +21.1%
- assets growth YoY
The Verescence 401(k) Plan's outsized position by total assets
The Verescence 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$18,537,645 Top 29% higher than 71% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Verescence 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. The Verescence 401(k) Plan sits mid-pack in the medium band (345 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Verescence 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
- The Verescence 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $19M in the plan year 2023 filing.
- The Verescence 401(k) Plan reported participants fell from 369 in the plan year 2022 filing to 345 in the plan year 2023 filing.
Published 5500 schedule card
Filing strip 232812719 · VERESCENCE PY 2023 · 401(k)
The Verescence 401(k) Plan · $19M · 345 · 71st
- PCT $19M
- PCT 345
- PCT 71st
- PCT 401(k)
- PCT near Penns Woods Bancorp, Inc. 401(k) Plan
- PCT ind #11361
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 Manufacturing retirement plans → · Plans in Georgia →
The Verescence 401(k) Plan in the asset neighbourhood
Georgia filing particulars
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $19M |
| Net Income | $3M |
| Employer EIN | 232812719 |
| Plan Effective Date | 2007-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (VERESCENCE)
Sponsor-wide plan assets over time
All VERESCENCE plans reported in each filing year
- Latest sponsor-wide plan assets
- $38M 145.77266973139% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 369 | $15M |
| 2023 | 1 | 345 | $19M |
| 2024 | 2 | 705 | $38M |
Nearby 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $17.2B · 510,511
- Delta 401(k) Retirement Plan $16.2B · 83,136
- Delta 401(k) Retirement Plan for Pilots $13.7B · 13,283
- UPS 401(k) Savings Plan $13.1B · 102,231
- The Home Depot Futurebuilder $12.6B · 413,365
The Verescence 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Georgia, the nearest 401(k) by assets is Penns Woods Bancorp, Inc. 401(k) Plan in PA ($19M); by covered participants it is Bcc Engineering, LLC. Retirement Plan and Trust in FL (345 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($19M here).
- Penns Woods Bancorp, Inc. 401(k) Plan (PA) $19M · 298
- Symmco Inc 401(k) Profit Sharing Trust (PA) $19M · 179
- Rac/Ser Salaried Employees' 401(k) Plan (PA) $19M · 131
- Alexandria Insights, Inc 401(k) Plan (VA) $19M · 145
Similar participant headcount
Nearest other-state filings by covered participants (345 participants); asset peers above are excluded.
- Bcc Engineering, LLC. Retirement Plan and Trust (FL) 345 · 0 off
- Medable 401(k) Plan (CA) 345 · 0 off
- Idera 401(k) Savings Plan (TX) 345 · 0 off
- Healthtronics Group, LP 401(k) Plan (TX) 345 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.