Plan Ledger DOL Form 5500 · updated monthly

Verbio North America LLC401(k)

VERBIO NORTH AMERICA CORPORATION 401K PROFIT SHARING PLAN · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
1.30%

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

Verbio North America LLC reported $59,944 in plan administrative expenses for 2024: 1.30% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,656 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.

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 Connecticut (872nd of 1,106), and 10,647th of 13,661 in manufacturing. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,056,283
Participants with balances277
Active participants209
Employer contributions$973,122
Employee contributions$1,039,913
Employer contribution per active participant$4,656
Average account balance$21,864
Benefits paid to participants$532,668
Plan auditUnmodified (clean) audit opinion
AuditorFLORITA KORNHAAS & COMPANY PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,944
Total administrative$59,944
The Verbio North America LLC 401(k) match · 2024
Employer contribution per active participant$4,656
Median for plans this size$1,313

Verbio North America LLC'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
TRANSAMERICA FINANCIAL LIFE INSURAN · Recordkeeping · Loan processing$26,771
FUTUREPLAN FIDUCIARY SERVICES LLC · Recordkeeping · Loan processing$10,840
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$22,332

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

Administrative cost history1
2024$59,944 · 1.30%
Same employer
Similar plansManufacturing · Connecticut
The Rossi Group, LLC CT$6.8M · 0.72%
Midsun Group Inc CT$6.6M · 0.23%
Hcp Packaging USA Inc CT$5.5M · 0.13%
Specialty Printing LLC CT$5.4M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824412116 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.