Verico Technology LLC401(k)
VERICO TECHNOLOGY LLC 401(K) PLAN · NASHUA, NH · plan year 2020
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Verico Technology LLC reported $9,783 in plan administrative expenses for 2020: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $491 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 4 years on file its reported administrative ratio rose from 0.03% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 106 comparable plans and shown alongside other manufacturing employers. By assets it is the 115th-largest of 411 plans among New Hampshire employers on file, and the 4,261st of 13,661 in manufacturing. In 2020, employees put in $6.18 for every $1.00 the employer contributed.
Verico Technology LLC's 2020 employer contribution ran below the $1,627 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.
Annual cost at the plan's reported 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 020415170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.