401(k) · DOL Form 5500 · 2024
Veranex, Inc. 401(k) Plan
Data updated 2026-08-25
- $51M
- Total assets Below avg plan size
- 389
- Participants Below avg headcount
- 84th
- Percentile by assets National rank
- $132,357
- Avg per participant Near avg balance/head
Official DOL plan name: Veranex 401(k) Plan · Sponsored by Veranex, Inc. · Massachusetts · Administrative & Support Services
$51M in assets, 389 participants
Veranex, Inc.'s Veranex 401(k) Plan reported $51M in total assets and 389 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.
- #4,026 in Administrative & Support Services (4,368 peers)
Where Veranex 401(k) Plan sits by assets
Veranex 401(k) Plan sits in the top quartile of all filed plans by assets, $51M for 389 participants (~$132,357/participant), up 6.9% in 2024.
- #4,026
- in Administrative & Support Services (4,368 peers)
- +6.9%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Veranex 401(k) Plan's outsized position by total assets
Veranex 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$51,486,860 Top 16% higher than 84% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Veranex 401(k) Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Veranex 401(k) Plan sits mid-pack in the medium band (389 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Veranex 401(k) Plan reported net income fell from $10M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Veranex 401(k) Plan end-of-year assets rose from $48M in the plan year 2023 filing to $51M in the plan year 2024 filing.
- Veranex 401(k) Plan reported participants fell from 417 in the plan year 2023 filing to 389 in the plan year 2024 filing.
DOL schedule card
Filing strip 863497638 · Veranex, Inc. PY 2024 · 401(k)
Veranex 401(k) Plan · $51M · 389 · 84th
- ASSETS $51M
- PCT 389
- EIN 84th
- RANK 401(k)
- PHOTO near Caterpillar Global Mining Legacy Hourly Employees' Savings Plan
- IND ind #4026
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 Administrative & Support Services retirement plans → · Plans in Massachusetts →
Veranex 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $48M |
|---|---|
| Net Assets (End of Year) | $51M |
| Net Income | $3M |
| Employer EIN | 863497638 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Veranex, Inc.)
Sponsor-wide plan assets over time
All Veranex, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $51M 39.89540109226687% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 253 | $37M |
| 2023 | 1 | 417 | $48M |
| 2024 | 1 | 389 | $51M |
Nearby 401(k) Plans in Massachusetts
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Fidelity Retirement Savings Plan $34.2B · 66,907
- Liberty Mutual 401(k) Plan $11.4B · 34,618
- Massachusetts Institute of Technology Supplemental 401(k) Plan $7.7B · 14,762
- Boston Scientific Corporation 401(k) Retirement Savings Plan $6.8B · 20,639
- State Street Salary Savings Program $6.5B · 12,777
Veranex 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Massachusetts, the nearest 401(k) by assets is Caterpillar Global Mining Legacy Hourly Employees' Savings Plan in TX ($51M); by covered participants it is Ems Linq Inc 401(k) Profit Sharing Plan in NC (389 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($51M here).
- Caterpillar Global Mining Legacy Hourly Employees' Savings Plan (TX) $51M · 300
- Hand Family Companies, LLC 401(k) Retirement Plan (TN) $51M · 612
- Deel 401(k) Plan (CA) $51M · 2,021
- Prosperity Service Group, LLC 401(k) Plan (VA) $51M · 295
Similar participant headcount
Nearest other-state filings by covered participants (389 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.