401(k) · DOL Form 5500 · 2024

Verita Telecommunications Corporation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
525
Participants Below avg headcount
52nd
Percentile by assets National rank
$15,949
Avg per participant Low balance/head
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Official DOL plan name: Vtc 401(k) Plan · Sponsored by Verita Telecommunications Corporation · Michigan · Construction

$8M in assets, 525 participants

Verita Telecommunications Corporation's Vtc 401(k) Plan reported $8M in total assets and 525 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #4,552 in Construction (9,039 peers)

Verita Telecommunications Corporation multi-year trail

Verita Telecommunications Corporation's plans moved +98.3% in assets from 2022 to 2024; this filing shows Vtc 401(k) Plan at $8M / 525 participants.

#4,552
in Construction (9,039 peers)
+9.4%
assets growth YoY

Vtc 401(k) Plan's mid-pack asset rank among Construction and all filers

Vtc 401(k) Plan vs every filed plan by assets

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

$8,373,385 Top 48% higher than 52% 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

Vtc 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. Vtc 401(k) Plan sits mid-pack in the medium band (525 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Vtc 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $717K in the plan year 2024 filing.
  • Vtc 401(k) Plan reported participants rose from 454 in the plan year 2023 filing to 525 in the plan year 2024 filing.
  • Vtc 401(k) Plan end-of-year assets rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 464239538 · Verita Telecommunications Corporation PY 2024 · 401(k)

Vtc 401(k) Plan · $8M · 525 · 52nd

  • EBSA $8M
  • PART 525
  • TYPE 52nd
  • NET 401(k)
  • BOOK near Quality Chevrolet 401(k) Retirement Plan
  • VS-ST ind #4552

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 Construction retirement plans → · Plans in Michigan →

Vtc 401(k) Plan in the asset neighbourhood

Vtc 401(k) Plan$8MQuality Chevrolet 401(k) Retirement PlanQuality Chevrolet 401(k) Ret…$8MSteinkamp Warehouse, Inc. 401(k) Profit Sharing PlanSteinkamp Warehouse, Inc. 40…$8MFashionphile Group, LLC 401(k) PlanFashionphile Group, LLC 401(…$8MLong John Silver's, LLC Employees Savings TrustLong John Silver's, LLC Empl…$8M
End-of-year total assets ($M) among Vtc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Verita Telecommunications Corporation multi-year asset trail

Sponsor-wide plan assets over time

All Verita Telecommunications Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 98.32106308276191% vs 2022
2024 filing year
$2M$4M$6M$8M$10M 202220232024 $4.22M $8.37M ▲ +98.3%
Year Plans Participants Total Assets
2022 1 292 $4M
2023 1 454 $8M
2024 1 525 $8M

Verita Telecommunications Corporation filing trail (2024)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$717K
Employer EIN464239538
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Vtc 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Vtc 401(k) Plan, Total assets ($B): 0.008373385 · Participants: 525Vtc 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Vtc 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Outside Michigan, the nearest 401(k) by assets is Quality Chevrolet 401(k) Retirement Plan in CA ($8M); by covered participants it is Tighe & Bond, Inc. Deferred Profit Sharing and 401(k) Retirement Plan and Trust in MA (525 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (525 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 Vtc 401(k) Plan assets move in 2024?
Vtc 401(k) Plan grew at a solid clip - up 9.4% during 2024, from $8M to $8M. Reported net income was $717K.
How have Verita Telecommunications Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Verita Telecommunications Corporation's sponsor-wide assets grew 98.3%, from $4M to $8M.
Which 401(k) plans are similar in size to Vtc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Quality Chevrolet 401(k) Retirement Plan in CA ($8M, 105 participants).
Which 401(k) plans cover a similar participant headcount to Vtc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Tighe & Bond, Inc. Deferred Profit Sharing and 401(k) Retirement Plan and Trust in MA (525 participants, $186M in assets).