Veneer Technologies, Inc.401(k)

Veneer Technologies, Inc.'s 2024 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 $9,854,852 across 231 participant accounts, with employer contributions averaging $2,575 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.06% to 0.07%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,116th of 2,005), and 8,859th of 13,661 in manufacturing. In 2024, the employer put in $1.52 for every $1.00 employees contributed themselves; active participation has grown from 131 to 169 since 2022.