Plan Ledger DOL Form 5500 · updated monthly

Veritas Investments, Inc.401(k)

VERITAS INVESTMENTS 401K PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Veritas Investments, Inc. reported $11,877 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,022 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 0.07% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (5,251st of 9,483), and 1,059th of 2,096 in real estate & leasing. In 2024, employees put in $5.59 for every $1.00 the employer contributed; active participation has shrunk from 238 to 167 since 2022.

Plan summary
Net assets, end of year$10,760,965
Participants with balances150
Active participants167
Employer contributions$170,591
Employee contributions$954,113
Employer contribution per active participant$1,022
Average account balance$71,740
Benefits paid to participants$1,757,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 150 accts · $171K emplr
2023$10.1M · 173 accts · $600K emplr
2022$7.5M · 174 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,911
Investment management$1,966
Total administrative$11,877
The Veritas Investments, Inc. 401(k) match · 2024
Employer contribution per active participant$1,022
Median for plans this size$2,416
2024$1,022 per active participant
2023$2,898 per active participant
2022$2,518 per active participant

Veritas Investments, Inc.'s 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$11,877
CHARLES SCHWAB & CO., INC. · Securities brokerage$7

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$11,877 · 0.11%
2023$7,709 · 0.09%
2022$5,123 · 0.07%
Same employer
Similar plansReal Estate & Leasing · California
Realty Services Corp. CA$11.6M · 0.56%
Champagne Resorts, Inc. CA$11.4M · 1.50%
Warren Properties, Inc. CA$11.3M · 0.29%
Golden Rain Foundation CA$10.9M · 0.50%
Point Digital Finance, Inc. CA$10.6M · 0.09%
Abode Communities CA$10.6M · 0.60%

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Source: U.S. Department of Labor, Form 5500 series, EIN 352310145 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.