401(k) · DOL Form 5500 · 2024

Verified Credentials, LLC 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
213
Participants Below avg headcount
70th
Percentile by assets National rank
$93,882
Avg per participant Below avg balance/head
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Official DOL plan name: Verified Credentials, LLC 401(k) Safe Harbor Plan · Sponsored by Verified Credentials, LLC · Minnesota · Administrative & Support Services

$20M in assets, 213 participants

Verified Credentials, LLC's Verified Credentials, LLC 401(k) Safe Harbor Plan reported $20M in total assets and 213 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #3,682 in Administrative & Support Services (4,368 peers)

Coverage in Minnesota

Verified Credentials, LLC 401(k) Safe Harbor Plan covers 213 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $20M.

#3,682
in Administrative & Support Services (4,368 peers)
+39.4%
assets growth YoY

Verified Credentials, LLC 401(k) Safe Harbor Plan's outsized position by total assets

Verified Credentials, LLC 401(k) Safe Harbor Plan vs every filed plan by assets

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

$19,996,781 Top 30% higher than 70% 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

Verified Credentials, LLC 401(k) Safe Harbor 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. Verified Credentials, LLC 401(k) Safe Harbor Plan sits mid-pack in the medium band (213 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Verified Credentials, LLC 401(k) Safe Harbor Plan end-of-year assets rose from $14M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Verified Credentials, LLC 401(k) Safe Harbor Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Verified Credentials, LLC 401(k) Safe Harbor Plan reported participants fell from 219 in the plan year 2023 filing to 213 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 411505620 · Verified Credentials, LLC PY 2024 · 401(k)

Verified Credentials, LLC 401(k) Safe Harbor Plan · $20M · 213 · 70th

  • 5500 $20M
  • ASSETS 213
  • PCT 70th
  • EIN 401(k)
  • RANK near Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust
  • PHOTO ind #3682

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 Minnesota →

Verified Credentials, LLC 401(k) Safe Harbor Plan in the asset neighbourhood

Verified Credentials, LLC 401(k) Safe Harbor PlanVerified Credentials, LLC 40…$20MPueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and TrustPueblo of Laguna Commercial …$20MCorvus Insurance Holdings 401(k) PlanCorvus Insurance Holdings 40…$20MRassini 401(k) Plan$20MRoadbuilders Machinery and Supply Co Inc 401(k) Profit Sharing PlanRoadbuilders Machinery and S…$20M
End-of-year total assets ($M) among Verified Credentials, LLC 401(k) Safe Harbor Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN411505620
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Verified Credentials, LLC)

Sponsor-wide plan assets over time

All Verified Credentials, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$20M 90.53842535232177% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $10.5M $20M ▲ +90.7%
Year Plans Participants Total Assets
2022 1 104 $10M
2023 1 219 $14M
2024 1 213 $20M

Nearby 401(k) Plans in Minnesota

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

Verified Credentials, LLC 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Verified Credentials, LLC 401(k) Safe Harbor Plan, Total assets ($B): 0.019996781 · Participants: 213Verified Credentials, LLC 401(k) Safe Harbor PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Verified Credentials, LLC 401(k) Safe Harbor Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Verified Credentials, LLC 401(k) Safe Harbor Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust in NM ($20M); by covered participants it is Thirdera, LLC in CO (213 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (213 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 Verified Credentials, LLC 401(k) Safe Harbor Plan assets move in 2024?
Verified Credentials, LLC 401(k) Safe Harbor Plan surged - up 39.4% during 2024, from $14M to $20M. Reported net income was $3M.
How have Verified Credentials, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Verified Credentials, LLC's sponsor-wide assets grew 90.5%, from $10M to $20M.
Which 401(k) plans are similar in size to Verified Credentials, LLC 401(k) Safe Harbor Plan?
Among 401(k) plans in other states, the closest by assets is Pueblo of Laguna Commercial Enterprises 401(k) Profit Sharing Plan and Trust in NM ($20M, 980 participants).
Which 401(k) plans cover a similar participant headcount to Verified Credentials, LLC 401(k) Safe Harbor Plan?
Among 401(k) plans in other states, the closest by covered participants is Thirdera, LLC in CO (213 participants, N/A in assets).