401(k) · DOL Form 5500 · 2024

Verc Enterprises, Inc. 401(k) Plan

Data updated 2026-08-11

$3M
Total assets: 14
Participants: 36th
Percentile by assets: $243,081
Avg per participant

Official DOL plan name: Verc Enterprises, Inc. 401(k) Profit Sharing Plan · Sponsored by Verc Enterprises, Inc. · Massachusetts · Retail Trade

$3M in assets, 14 participants

Verc Enterprises, Inc.'s Verc Enterprises, Inc. 401(k) Profit Sharing Plan reported $3M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 36th 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.

36th percentile by assets (of 123,622 plans)
#3,808 in Retail Trade (8,048 peers)

2024 asset change

Verc Enterprises, Inc. 401(k) Profit Sharing Plan declined sharply 16.0% in 2024 ($4M → $3M) for 14 participants.

$3M
total plan assets (2024 EOY): 14
covered participants: 36th
percentile by assets (of 123,622 plans): $243,081
avg assets per participant

The plan reported a net loss of $648K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Verc Enterprises, Inc. 401(k) Profit Sharing Plan sits by total assets

Verc Enterprises, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$3,403,130 36th percentile higher than 36% 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

Verc Enterprises, Inc. 401(k) Profit Sharing Plan reported net income fell from $741K in the plan year 2023 filing to -$648K in the plan year 2024 filing.
Verc Enterprises, Inc. 401(k) Profit Sharing Plan end-of-year assets fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
Verc Enterprises, Inc. 401(k) Profit Sharing Plan reported participants fell from 15 in the plan year 2023 filing to 14 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Massachusetts

Industry

Retail Trade

2024 asset move for Verc Enterprises, Inc. 401(k) Profit Sharing Plan

Year over year, total assets declined sharply from $4M at the start of 2024 to $3M at year-end (down 16.0%). Net assets closed at $3M; reported net income -$648K.

Verc Enterprises, Inc. years around the 2024 move

Total plan assets by year, all Verc Enterprises, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	21	$3M
2023	1	15	$4M
2024	1	14	$3M

2024 asset-move particulars

Total Assets (Beginning of Year)	$4M
Net Assets (End of Year)	$3M
Net Income	-$648K
Employer EIN	042770974
Plan Effective Date	1993-08-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Verc Enterprises, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

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

Compare Verc Enterprises, Inc. 401(k) Profit Sha… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Verc Enterprises, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Nationbuilder 401(k) Plan (CA) $3M · 70
Technology Solutions Company D.B.a. Tsc 401(k) Plan (SC) $3M · 11
Care Hawaii, Inc. 401(k) Retirement Savings Plan (HI) $3M · 289
Gary J. Rosenbaum, M.D. Retirement Plan & Trust (FL) $3M · 7

Frequently Asked Questions

How did Verc Enterprises, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼

Verc Enterprises, Inc. 401(k) Profit Sharing Plan declined sharply - down 16.0% during 2024, from $4M to $3M. Reported net income was -$648K.

How have Verc Enterprises, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Verc Enterprises, Inc.'s sponsor-wide assets grew 2.8%, from $3M to $3M.

Which 401(k) plans are similar in size to Verc Enterprises, Inc. 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Nationbuilder 401(k) Plan in CA ($3M, 70 participants).

Next read for Verc Enterprises, Inc. 401(k) Profit Sha…

2024 change

Ways to act on Verc Enterprises, Inc. 401(k) Profit Sharing Plan's numbers.

By total assets, Verc Enterprises, Inc. 401(k) Profit Sharing Plan ranks in the lower half of filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
Verc Enterprises, Inc.'s sponsor-wide assets have grown 2.8% since 2022 across 3 plan years on file. More Retail Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 042770974.