Justifacts Credential Verification Services, Inc401(k)
JUSTIFACTS 401(K) PROFIT SHARING PLAN · MURRYSVILLE, PA · plan year 2022
Justifacts Credential Verification Services, Inc's 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $2,735,514 across 81 participant accounts, with employer contributions averaging $565 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Pennsylvania (3,221st of 3,651), and 1,804th of 2,534 in administrative & support services. In 2022, employees put in $2.62 for every $1.00 the employer contributed.
Justifacts Credential Verification Services, Inc's 2022 employer contribution ran below the $1,114 median for plans its size. 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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 251630652 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.