Plan Snapshot
- Plan Sponsor: Veryable, INC.
- Sponsor EIN: 813177354
- Sponsor Address: 2019 N. LAMAR ST., SUITE 250, DALLAS, TX, 75202
- Plan Type: 401(k)
- Total Participants: 86
- Total Assets: $3.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 86 | $3.3M | $343,115 | $501,581 |
| 2023 | 188 | $3.8M | $550,754 | $857,131 |
| 2022 | 270 | $2.7M | $514,957 | $843,204 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $27,996 | — | $27,996 |
| KESTRA ADVISORY SERVICES, LLC | INVESTMENT ADVISOR | $19,318 | — | $19,318 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGEMENT | $7,271 | — | $7,271 |
| BODWELL VASEK WELLS DESIMONE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $54,585
- Estimated Expense Ratio: 1.664% 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 | $59,335 | — | — | — | — |
| 2023 | $34,764 | — | $34,764 | — | — |
| 2022 | $20,518 | $20,518 | — | — | — |