Plan Ledger DOL Form 5500 · updated monthly

Veracity Research Co., LLC401(k)

VRC 401(K) & PROFIT SHARING PROGRAM · DENTON, TX · plan year 2022

Reported admin expense ratio · 2022
1.29%

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

Veracity Research Co., LLC reported $48,518 in plan administrative expenses for 2022: 1.29% of average plan assets, higher than ~90% of peers. Employer contributions averaged $337 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 1 year on file its reported administrative ratio fell from 1.29% to 1.08%. 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 Texas (4,257th of 5,688), and 1,554th of 2,534 in administrative & support services. In 2022, employees put in $4.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,165,524
Participants with balances181
Active participants373
Employer contributions$125,537
Employee contributions$570,721
Employer contribution per active participant$337
Average account balance$23,014
Benefits paid to participants$374,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$2.7M · 110 accts · $40K emplr
2022$4.2M · 181 accts · $126K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$2,547
Investment management$45,971
Total administrative$48,518
The Veracity Research Co., LLC 401(k) match · 2022
Employer contribution per active participant$337
Median for plans this size$1,114

Veracity Research Co., LLC's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$37,287 · 1.08%
2022$48,518 · 1.29%
Same employer
Similar plansAdministrative & Support Services · Texas
Earthworks, Inc. TX$4.5M · 0.39%
Conexus Medstaff, LLC TX$4.3M · 1.26%
Betts Recruiting Inc TX$4.3M · 0.19%
The Arbor Experts, LLC TX$4.0M · 1.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731480470 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.