Plan Ledger DOL Form 5500 · updated monthly

Veros Technologies, LLC401(k)

VEROS TECHNOLOGIES, LLC 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Veros Technologies, LLC reported $81,023 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,703 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,045th-largest of 2,266 plans among Virginia employers on file, and the 5,804th of 11,654 in professional & technical services. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$18,583,551
Participants with balances144
Active participants124
Employer contributions$1,079,153
Employee contributions$1,820,286
Employer contribution per active participant$8,703
Average account balance$129,052
Benefits paid to participants$1,080,414
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$81,023
Total administrative$81,023
The Veros Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$8,703
Median for plans this size$2,416

Veros Technologies, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20245
PRINCIPAL LIFE INSURANCE CO. · Contract administrator · Loan processing$71,789
FIDELITY INVESTMENTS · Loan processing$4,528
AMERITAS ADVISORY · Investment advisory (plan)$4,107
UNIGLOBAL PESNION PLANNING INC · Contract administrator · Other services$1,340
S B H U LIFE AGENCY INC. · Other servicesindirect comp

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

Administrative cost history1
2024$81,023 · 0.51%
Same employer
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Mdw Associates, LLC VA$18.8M · 0.53%
Kingfisher Systems, Inc. VA$18.8M · 0.54%
Techlab, Inc. VA$18.7M · 0.48%
Trilogy Federal, LLC VA$18.6M · 0.30%
Mandex, Inc. VA$18.6M · 0.34%
Maxisiq, Inc VA$18.5M · 0.21%
Celerity IT LLC VA$18.5M · 0.42%
Foxhole Technology, Inc. VA$18.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472340721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.