Verite Group, Inc.401(k)

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

Verite Group, Inc. reported $3,040 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $25,797 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 0.006% to 0.007%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 513th-largest of 2,266 plans among Virginia employers on file, and the 538th of 2,199 in information & media. In 2024, the employer put in $2.05 for every $1.00 employees contributed themselves; active participation has grown from 97 to 109 since 2022.