Plan Ledger DOL Form 5500 · updated monthly

Veritiv Corporation401(k)

VERITIV RETIREMENT SAVINGS PLAN · ATLANTA, GA · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Veritiv Corporation reported $912,498 in plan administrative expenses for 2023: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,481 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 1 year on file its reported administrative ratio rose from 0.06% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,075 comparable plans and shown alongside other wholesale trade employers. By assets it is the 35th-largest of 2,160 plans among Georgia employers on file, and the 45th of 4,246 in wholesale trade. In 2023, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,216,933,559
Participants with balances5,617
Active participants3,644
Employer contributions$16,329,026
Employee contributions$36,617,771
Employer contribution per active participant$4,481
Average account balance$216,652
Benefits paid to participants$138,000,674
Plan auditUnmodified (clean) audit opinion
AuditorBENNETT THRASHER PC
Plan history2
Yearassets · accounts · employer contribution
2023$1.2B · 5,617 accts · $16.3M emplr
2022$1.1B · 5,940 accts · $16.4M emplr
The Veritiv Corporation 401(k) match · 2023
Employer contribution per active participant$4,481
Median for plans this size$5,237
2023$4,481 per active participant
2022$3,891 per active participant

Veritiv Corporation's 2023 employer contribution ran below the $5,237 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$276,990
AON · Consulting$56,175
BENNETT THRASHER · Accounting / audit$28,615
VANGUARD ADVISERS INC. · Investment advisory (participants)$28,284
SEYFARTH SHAW · Legal$5,881

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

Administrative cost history2
2023$912,498 · 0.08%
2022$767,500 · 0.06%
Similar plansWholesale Trade · Georgia
Genuine Parts Company GA$2.5B · 0.10%
Veritiv Operating Company GA$1.3B · 0.04%
Mercedes-Benz USA, LLC GA$1.1B · 0.10%
US Lbm, LLC GA$620.4M · 0.19%
Hd Supply GA$556.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463234977 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.