Logo

VERIS, INC. 401(K) PLAN 401k Plan overview

Plan NameVERIS, INC. 401(K) PLAN
Plan identification number 001

VERIS, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

VERIS, INC. has sponsored the creation of one or more 401k plans.

Company Name:VERIS, INC.
Employer identification number (EIN):352493212
NAIC Classification:331200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan VERIS, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01GAIL L KEMP2024-04-18 GAIL L KEMP2024-04-18
0012022-01-01GAIL L KEMP2023-05-24
0012021-01-01GAIL L KEMP2022-04-27
0012020-01-01GAIL L KEMP2021-05-07
0012019-01-01GAIL KEMP2020-06-01 GAIL KEMP2020-06-01
0012018-01-01GAIL L KEMP2019-05-10 GAIL L KEMP2019-05-10
0012017-01-01GAIL KEMP2018-05-21 GAIL KEMP2018-05-21
0012016-01-01GAIL L KEMP2017-07-21 GAIL L KEMP2017-07-21
0012014-01-01GAIL KEMP GAIL KEMP2015-06-17

Financial Data on VERIS, INC. 401(K) PLAN

Measure Date Value
2025 : VERIS, INC. 401(K) PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-05-060
Total expenses incurred by plan in this plan year2025-05-06805178
Net assets as of the end of the plan year2025-05-061825980
Total assets as of the beginning of the plan year2025-05-062255689
Value of plan covered by a fidelity bond2025-05-065000000
Participant contributions to plan in this plan year2025-05-0676501
Value of participant loans at end of plan year2025-05-0650767
Other contributions to plan in this plan year2025-05-066869
Other income to plan in this plan year2025-05-06251519
Plan net income in this plan year2025-05-06-429709
Net assets as of the end of the plan year2025-05-061825980
Net assets as of the beginning of the plan year2025-05-062255689
Employer contributions to plan in this plan year2025-05-0640580
Expensese paid to adminstrative service provicers from plan in this plan year2025-05-0613023
2024 : VERIS, INC. 401(K) PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-04-180
Total expenses incurred by plan in this plan year2024-04-18114868
Net assets as of the end of the plan year2024-04-182255689
Total assets as of the beginning of the plan year2024-04-181976965
Value of plan covered by a fidelity bond2024-04-185000000
Participant contributions to plan in this plan year2024-04-1874922
Value of participant loans at end of plan year2024-04-1835872
Other income to plan in this plan year2024-04-18275312
Plan net income in this plan year2024-04-18278724
Net assets as of the end of the plan year2024-04-182255689
Net assets as of the beginning of the plan year2024-04-181976965
Employer contributions to plan in this plan year2024-04-1843358
Expensese paid to adminstrative service provicers from plan in this plan year2024-04-1812199
2022 : VERIS, INC. 401(K) PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-04-270
Total expenses incurred by plan in this plan year2022-04-27448642
Net assets as of the end of the plan year2022-04-272245754
Total assets as of the beginning of the plan year2022-04-272233373
Value of plan covered by a fidelity bond2022-04-275000000
Participant contributions to plan in this plan year2022-04-27105641
Value of participant loans at end of plan year2022-04-2770419
Other income to plan in this plan year2022-04-27301728
Plan net income in this plan year2022-04-2712381
Net assets as of the end of the plan year2022-04-272245754
Net assets as of the beginning of the plan year2022-04-272233373
Employer contributions to plan in this plan year2022-04-2753654
Expensese paid to adminstrative service provicers from plan in this plan year2022-04-2713351
2014 : VERIS, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources2014-12-31$165,309
Expenses. Total of all expenses incurred2014-12-31$58,124
Benefits paid (including direct rollovers)2014-12-31$56,437
Total plan assets at end of year2014-12-31$1,456,255
Total plan assets at beginning of year2014-12-31$1,349,070
Value of fidelity bond covering the plan2014-12-31$1,000,000
Total contributions received or receivable from participants2014-12-31$74,885
Other income received2014-12-31$70,424
Net income (gross income less expenses)2014-12-31$107,185
Net plan assets at end of year (total assets less liabilities)2014-12-31$1,456,255
Net plan assets at beginning of year (total assets less liabilities)2014-12-31$1,349,070
Assets. Value of participant loans2014-12-31$106,301
Total contributions received or receivable from employer(s)2014-12-31$20,000
Expenses. Administrative service providers (salaries,fees and commissions)2014-12-31$1,687

Form 5500 Responses for VERIS, INC. 401(K) PLAN

2014: VERIS, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01Type of plan entitySingle employer plan
2014-01-01Submission has been amendedNo
2014-01-01This submission is the final filingNo
2014-01-01This return/report is a short plan year return/report (less than 12 months)No
2014-01-01Plan is a collectively bargained planNo
2014-01-01Plan funding arrangement – InsuranceYes
2014-01-01Plan funding arrangement – TrustYes
2014-01-01Plan benefit arrangement – InsuranceYes
2014-01-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

VOYA RETIRIEMENT INSURANCE AND ANNUITY COMPANY (National Association of Insurance Commissioners NAIC id number: 86509 )
Policy contract numberZH9358
Policy instance 1

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
401k Lookup     VAT Lookup S1