Plan Ledger DOL Form 5500 · updated monthly

Verista, Inc.401(k)

VERISTA, INC. 401(K) PLAN · FISHERS, IN · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Verista, Inc. reported $117,648 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,851 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 2 years on file its reported administrative ratio rose from 0.27% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 344th-largest of 1,562 plans among Indiana employers on file, and the 3,351st of 11,654 in professional & technical services. In 2024, employees put in $3.85 for every $1.00 the employer contributed; active participation has shrunk from 487 to 347 since 2022.

Plan summary
Net assets, end of year$39,227,933
Participants with balances599
Active participants347
Employer contributions$989,237
Employee contributions$3,807,758
Employer contribution per active participant$2,851
Average account balance$65,489
Benefits paid to participants$5,753,832
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.2M · 599 accts · $989K emplr
2023$34.3M · 656 accts · $1.2M emplr
2022$26.1M · 648 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,186
Investment management$63,462
Total administrative$117,648
The Verista, Inc. 401(k) match · 2024
Employer contribution per active participant$2,851
Median for plans this size$2,416
2024$2,851 per active participant
2023$2,996 per active participant
2022$2,486 per active participant

Verista, Inc.'s 2024 employer contribution ran above the $2,416 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.

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
SHEPHERD FINANCIAL INVESTMENT ADVIS · Investment advisory (plan)$49,270
EMPOWER ADVISORY GROUP, LLC · Investment management$14,192

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

Administrative cost history3
2024$117,648 · 0.32%
2023$115,023 · 0.38%
2022$70,679 · 0.27%
Same employer
Similar plansProfessional & Technical Services · Indiana
The Ame Group IN$49.0M
Lochmueller Group, Inc. IN$48.9M · 0.20%
S Tec Group Inc IN$42.1M · 0.28%
Abo Leasing Corporation IN$40.9M · 0.26%
Beam Longest Neff Inc. IN$37.7M · 0.00%
Ratio States, LLC IN$34.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 843891514 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.