401(k) · DOL Form 5500 · 2024

VERESCENCE 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
362
Participants Below avg headcount
71st
Percentile by assets National rank
$55,999
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Verescence 401(k) Plan · Sponsored by VERESCENCE · Georgia · Manufacturing

$20M in assets, 362 participants

VERESCENCE's The Verescence 401(k) Plan reported $20M in total assets and 362 participants in its 2024 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.

  • #10,683 in Manufacturing (17,777 peers)

Coverage in Georgia

The Verescence 401(k) Plan covers 362 participants in Georgia, about 33% of the average Georgia filer (state average ~1,096 per filing). Assets: $20M.

#10,683
in Manufacturing (17,777 peers)
+9.4%
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 2024 · DOL Form 5500

$20,271,779 Top 29% higher than 71% 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

The Verescence 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. The Verescence 401(k) Plan sits mid-pack in the medium band (362 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Verescence 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Verescence 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • The Verescence 401(k) Plan reported participants rose from 345 in the plan year 2023 filing to 362 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 232812719 · VERESCENCE PY 2024 · 401(k)

The Verescence 401(k) Plan · $20M · 362 · 71st

  • 5500 $20M
  • 5500 362
  • 5500 71st
  • 5500 401(k)
  • 5500 near Cardinal Services, Inc. 401(k) Plan
  • 5500 ind #10683

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

The Verescence 401(k) Plan$20MCardinal Services, Inc. 401(k) PlanCardinal Services, Inc. 401(…$20MPace 401(k) Plan$20MFeo Investments, Inc. Employee Stock Ownership PlanFeo Investments, Inc. Employ…$20MKindthread 401(k) Plan$20M
End-of-year total assets ($M) among The Verescence 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Georgia filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN232812719
Plan Effective Date2007-06-01
Filing StatusFILING 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
$10M$20M$30M$40M 202220232024 $15.3M $37.6M ▲ +145.8%
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 Verescence 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants The Verescence 401(k) Plan, Total assets ($B): 0.020271779 · Participants: 362The Verescence 401(k) PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 19.309174243 · Participants: 452126The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 18.985170319 · Participants: 89836Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 15.928334925 · Participants: 14473Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 14.192071511 · Participants: 95250UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 14.149677171 · Participants: 398464The Home Depot Futurebuilder
The Verescence 401(k) Plan vs. nearby 401(k) plans in Georgia, assets vs. participants

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 Cardinal Services, Inc. 401(k) Plan in OR ($20M); by covered participants it is Prosek LLC 401(k) Pension Plan in CT (362 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (362 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 The Verescence 401(k) Plan assets move in 2024?
The Verescence 401(k) Plan grew at a solid clip - up 9.4% during 2024, from $19M to $20M. Reported net income was $2M.
How have VERESCENCE plan assets changed over time?
Across 3 plan years on file (2022-2024), VERESCENCE's sponsor-wide assets grew 145.8%, from $15M to $38M.
Which 401(k) plans are similar in size to The Verescence 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cardinal Services, Inc. 401(k) Plan in OR ($20M, 1,115 participants).
Which 401(k) plans cover a similar participant headcount to The Verescence 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Prosek LLC 401(k) Pension Plan in CT (362 participants, $33M in assets).