Plan Ledger DOL Form 5500 · updated monthly

Veryon401(k)

AIRCRAFT TECHNICAL PUBLISHERS 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Veryon reported $19,132 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,150 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.21% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (5,846th of 9,483), and 8,450th of 11,654 in professional & technical services. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has shrunk from 172 to 109 since 2022.

Plan summary
Net assets, end of year$8,629,853
Participants with balances139
Active participants109
Employer contributions$343,401
Employee contributions$725,617
Employer contribution per active participant$3,150
Average account balance$62,085
Benefits paid to participants$2,009,229
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.6M · 139 accts · $343K emplr
2023$8.1M · 129 accts · $218K emplr
2022$8.3M · 165 accts · $348K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,840
Investment management$15,292
Total administrative$19,132
The Veryon 401(k) match · 2024
Employer contribution per active participant$3,150
Median for plans this size$1,313
2024$3,150 per active participant
2023$1,798 per active participant
2022$2,024 per active participant

Veryon's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$15,292
ADP, INC. · Loan processing · Recordkeeping$3,839
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$19,132 · 0.23%
2023$19,331 · 0.24%
2022$18,318 · 0.21%
Same employer
Similar plansProfessional & Technical Services · California
Whalar Inc CA$8.7M · 0.15%
Hello Heart Inc. CA$8.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942248558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.