401(k) · DOL Form 5500 · 2024

Vericor Power Systems, LLC 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
64
Participants Small participant base
55th
Percentile by assets National rank
$150,822
Avg per participant Above avg balance/head
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Official DOL plan name: Vericor Power Systems Savings Plan · Sponsored by Vericor Power Systems, LLC · South Carolina · Manufacturing

$10M in assets, 64 participants

Vericor Power Systems, LLC's Vericor Power Systems Savings Plan reported $10M in total assets and 64 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #7,200 in Manufacturing (17,777 peers)

Vericor Power Systems, LLC multi-year trail

Vericor Power Systems, LLC's plans moved -22.1% in assets from 2022 to 2024; this filing shows Vericor Power Systems Savings Plan at $10M / 64 participants.

#7,200
in Manufacturing (17,777 peers)
-25.3%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Vericor Power Systems Savings Plan's mid-pack asset rank among Manufacturing and all filers

Vericor Power Systems Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,652,606 Top 45% higher than 55% of 123,620 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 2024

Vericor Power Systems Savings Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Vericor Power Systems Savings Plan is a small filing (64 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Vericor Power Systems Savings Plan reported net income fell from $533K in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Vericor Power Systems Savings Plan end-of-year assets fell from $13M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Vericor Power Systems Savings Plan reported participants fell from 70 in the plan year 2023 filing to 64 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 223676283 · Vericor Power Systems, LLC PY 2024 · 401(k)

Vericor Power Systems Savings Plan · $10M · 64 · 55th

  • PART $10M
  • PART 64
  • PART 55th
  • PART 401(k)
  • PART near 403(b) Thrift Plan for Employees of Bethany for Children and Families
  • PART ind #7200

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 South Carolina →

Vericor Power Systems Savings Plan in the asset neighbourhood

Vericor Power Systems Savings PlanVericor Power Systems Saving…$10M403(b) Thrift Plan for Employees of Bethany for Children and Families403(b) Thrift Plan for Emplo…$10MScarc, Inc. Retirement Plan$10MRegional Telecom Services Associates, LLC 401(k) PlanRegional Telecom Services As…$10MSanchez Daniels & Hoffman LLP 401(k) PlanSanchez Daniels & Hoffman LL…$10M
End-of-year total assets ($M) among Vericor Power Systems Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Vericor Power Systems, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Vericor Power Systems, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$10M 22.06732743804673% vs 2022
2024 filing year
$9M$10M$11M$12M$13M$14M 202220232024 $12.4M $9.65M ▼ -22.1%
Year Plans Participants Total Assets
2022 1 55 $12M
2023 1 70 $13M
2024 1 64 $10M

Vericor Power Systems, LLC filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$10M
Net Income-$3M
Employer EIN223676283
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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

Vericor Power Systems Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Vericor Power Systems Savings Plan, Total assets ($B): 0.009652606 · Participants: 64Vericor Power Systems Savings PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Vericor Power Systems Savings Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Vericor Power Systems Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is 403(b) Thrift Plan for Employees of Bethany for Children and Families in IL ($10M); by covered participants it is Kwik Goal Ltd. 401(k) Plan in PA (64 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (64 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Vericor Power Systems Savings Plan assets move in 2024?
Vericor Power Systems Savings Plan declined sharply - down 25.3% during 2024, from $13M to $10M. Reported net income was -$3M.
How have Vericor Power Systems, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Vericor Power Systems, LLC's sponsor-wide assets declined 22.1%, from $12M to $10M.
Which 401(k) plans are similar in size to Vericor Power Systems Savings Plan?
Among 401(k) plans in other states, the closest by assets is 403(b) Thrift Plan for Employees of Bethany for Children and Families in IL ($10M, 122 participants).
Which 401(k) plans cover a similar participant headcount to Vericor Power Systems Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Kwik Goal Ltd. 401(k) Plan in PA (64 participants, $5M in assets).