Plan Snapshot
- Plan Sponsor: Veros Software, INC.
- Sponsor EIN: 330958012
- Sponsor Address: 2333 N BROADWAY SUITE 350, SANTA ANA, CA, 92706
- Plan Type: 401(k)
- Total Participants: 114
- Total Assets: $10.2M
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 | 114 | $10.2M | $299,305 | $1.0M |
| 2023 | 146 | $8.9M | $250,384 | $1.1M |
| 2022 | 117 | $8.1M | $214,252 | $864,516 |
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 |
|---|---|---|---|---|
| WORLD INVESTMENT ADVISORS LLC | ADVISOR | $5,289 | — | $5,289 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $5,160 | — | $5,160 |
| KIECKHAFER SCHIFFER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- KIECKHAFER SCHIFFER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,449
- Estimated Expense Ratio: 0.102% 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 | $43,558 | $5,425 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |