Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Veriforce 401(K) Plan is a benefit plan reported by Veriforce, LLC under EIN 85-0478014 and plan number 002. The latest loaded filing year is 2023. The filing reports 324 participants and $12,579,871 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,579,871
- Net assets (EOY)
- $12,579,871
- Net assets (BOY)
- $9,407,256
Income & contributions
- Employer contributions
- $771,233
- Participant contributions
- $1,468,757
- Total contributions
- $2,305,396
- Total income / additions
- $4,135,041
Expenses & distributions
- Benefits paid
- $921,522
- Administrative expenses
- $40,904
- Total expenses
- $962,426
- Net increase / (decrease)
- $3,172,615