# Verisys Corporation 401(k) Plan
Source: https://planprovider.pro/companies/verisys-corporation-401k-plan

> Verisys Corporation's 401(k) plan: 537 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Verisys Corporation

- **Sponsor EIN:** 541651292

- **Sponsor Address:** 9960 CORPORATE CAMPUS DRIVE, LOUISVILLE, KY, 40223

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

- **Total Participants:** 537

- **Total Assets:** $26.0M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **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|537|$26.0M|$1.0M|$2.0M|

| 2023|657|$23.0M|$1.1M|$2.1M|

| 2022|669|$18.3M|$961,394|$2.1M|

## 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|

| ASCENSUS LLC|NONE|$61,274|$18|$61,292|

| KATHMERE CAPITAL MANAGEMENT|NONE|$48,481|—|$48,481|

| APRIO, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [APRIO, LLP](https://planprovider.pro/provider/aprio-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $109,773

- **Estimated Expense Ratio:** 0.423% of plan assets

### 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|$109,756|$48,481|$61,275|—|—|

| 2023|$113,957|$39,274|$53,908|—|—|

| 2022|$56,718|$22,765|$33,953|—|—|

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