Plan Snapshot
- Plan Sponsor: Verance Corporation
- Sponsor EIN: 330876764
- Sponsor Address: 6046 CORNERSTONE CT. WEST, SAN DIEGO, CA, 92121
- Plan Type: 401(k)
- Total Participants: 14
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 14 | $11.7M | $0 | $309,174 |
| 2023 | 17 | $10.3M | $0 | $372,177 |
| 2022 | 19 | $8.8M | $0 | $344,702 |