# Veris Residential, INC. 401(k) Plan
Source: https://planprovider.pro/companies/veris-residential-inc-401k-plan

> Veris Residential, INC.'s 401(k) plan: 185 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Veris Residential, INC.

- **Sponsor EIN:** 223305147

- **Sponsor Address:** 210 HUDSON STREET, JERSEY CITY, NJ, 07311

- **Plan Type:** 401(k)

- **Total Participants:** 185

- **Total Assets:** $58.5M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **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|185|$58.5M|$600,142|$1.7M|

| 2023|196|$53.9M|$558,094|$1.8M|

| 2022|207|$48.0M|$545,411|$1.8M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| CBIZ CPAS P.C.|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$74,476|$33,938|$20,354|—|—|

| 2023|$64,915|$30,094|$16,783|—|—|

| 2022|$77,022|$17,919|$42,615|—|$16,488|

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