Plan Snapshot
- Plan Sponsor: Veritone, INC.
- Sponsor EIN: 471161641
- Sponsor Address: 5291 CALIFORNIA AVENUE, IRVINE, CA, 92617
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 534
- Total Assets: $31.8M
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. |
|---|---|---|---|---|
| 2025 | 534 | $31.8M | $0 | $0 |
| 2024 | 323 | $29.9M | $905,857 | $3.9M |
| 2023 | 498 | $24.4M | $1.3M | $4.6M |
| 2022 | 458 | $15.6M | $514,395 | $3.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $78,941 | — | $78,941 |
| CREATIVE PLANNING HOLDCO, LLC | Investment Advisor | $36,115 | — | $36,115 |
| THE BALDWIN GROUP WEALTH ADVISORS | Investment Advisor | $18,938 | — | $18,938 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $16,517 | — | $16,517 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $150,511
- Estimated Expense Ratio: 0.473% 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 |
|---|---|---|---|---|---|
| 2025 | $8,149,646 | $53,961 | — | $4,800 | — |
| 2024 | $121,142 | $75,365 | — | — | — |
| 2023 | $101,372 | $54,706 | — | — | — |
| 2022 | $99,041 | $5,486 | — | — | — |