Plan Ledger DOL Form 5500 · updated monthly

Verona International Holdings, Inc.401(k)

VERONA HOLDINGS 401(K) PLAN · FRISCO, TX · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Verona International Holdings, Inc. reported $45,426 in plan administrative expenses for 2022: 0.66% of average plan assets, above the peer median. Employer contributions averaged $0 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Texas (4,345th of 5,688), and 1,604th of 2,534 in administrative & support services.

Plan summary
Net assets, end of year$3,843,137
Participants with balances162
Active participants18
Employer contributions$0
Employee contributions$105,736
Employer contribution per active participant$0
Average account balance$23,723
Benefits paid to participants$4,730,482
Plan auditUnmodified (clean) audit opinion
AuditorMAZARS USA LLP
The Verona International Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$1,114

Verona International Holdings, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$45,426 · 0.66%
Similar plansAdministrative & Support Services · Texas
The Arbor Experts, LLC TX$4.0M · 1.56%
Vanguard Resources TX$3.8M · 0.99%
Fusion Solutions LLC TX$3.8M · 0.58%
Moss Landscaping, Inc. TX$3.6M · 0.75%
Alamo Environmental, Inc. TX$3.6M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 871661647 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.