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Original filing (PDF)20251015124909NAL0002432643001
VERITEXT LLC
Form 5500
FILING_RECEIVED
VERITEXT LLC 401(K) SAVINGS PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
1,248
Accounts w/ balance
1,357
Plan assets (EOY)
$102.1M
Net assets (EOY)
$102.1M
How this plan invests
This plan
15 pooled trusts
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- 20 bps in Schedule C fees — 103% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for VERITEXT LLC.
Plan sponsor
Name
VERITEXT LLC
EIN
20-3132569
Address
290 WEST PLEASANT AVE STE 3200 · LIVINGSTON, NJ · 07039
Phone
(973) 410-4068
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
SMOLIN LUPIN & CO., LLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $207K | — |
Investments
13 direct securities · 15 pooled funds· $102.1M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$62.3M
14 holdings
Uncategorized
$29.3M
13 holdings
Pooled Separate Account
$10.5M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| PRIN LGCP S&P 500 INDEX SA-Z PRINCIPAL LIFE INSURANCE COMPANY · EIN 42-0127290 / PN 016 | Pooled Separate Account | — | — | $10.5M | 10.3% | |
| PRIN LIFETIME HB 2035 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 006 | Common Collective Trust | — | — | $9.6M | 9.4% | |
| PGIM Jennison Growth R6 Fund Mutual Fund a | — | — | — | $8.9M | 8.7% | |
| PRIN LIFETIME HB 2045 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 008 | Common Collective Trust | — | — | $8.8M | 8.6% | |
| PRIN LIFETIME HB 2040 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 007 | Common Collective Trust | — | — | $8.1M | 7.9% | |
| PRIN LIFETIME HY 2050 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 009 | Common Collective Trust | — | — | $7.6M | 7.5% | |
| PRIN LIFETIME HYB 2030 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 005 | Common Collective Trust | — | — | $7.6M | 7.4% | |
| PRIN LIFETIME HYB 2025 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 004 | Common Collective Trust | — | — | $5.5M | 5.4% | |
| PRIN LIFETIME HY 2055 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 010 | Common Collective Trust | — | — | $5.4M | 5.2% | |
| PRINCIPAL STABLE VALUE Z FUND PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 93-6274328 / PN 001 | Common Collective Trust | — | — | $4.3M | 4.2% | |
| Principal Global Investors Equity Income Inst Fund Mutual Fund a | — | — | — | $3.2M | 3.1% | |
| in (b) Identity of Issue, Borrower, of Interest, Collateral, (d) Current Interest Lessor or Similar Party Par or Maturity Value Cos Value American Funds EuroPacific Growth R6 Fund Mutual Fund a | — | — | — | $2.8M | 2.8% | |
| Dodge & Cox Income Fund Mutual Fund a | — | — | — | $2.7M | 2.6% | |
| AB/Brown/Emerald SmallCap Growth 1 R6 Fund+ Mutual Fund a | — | — | — | $2.7M | 2.6% | |
| PRIN LIFETIME HY 2060 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 012 | Common Collective Trust | — | — | $2.3M | 2.2% | |
| Victory Sycamore Established Value R6 Fund Mutual Fund a | — | — | — | $1.8M | 1.8% | |
| 10.50% Maturing through December 2029 | — | — | — | $1.8M | 1.8% | |
| Vanguard Mid Cap Growth Index Admiral Fund Mutual Fund a | — | — | — | $1.7M | 1.7% | |
| Fidelity Advisor Small Cap Value 1 Fund Mutual Fund a | — | — | — | $1.5M | 1.5% | |
| PRIN LIFETIME HYB 2020 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 003 | Common Collective Trust | — | — | $1.5M | 1.5% | |
| BlackRock High Yield Bond K Fund Mutual Fund a | — | — | — | $807K | 0.8% | |
| Vanguard Inflation-Protected Securities Admiral Fund Mutual Fund a | — | — | — | $683K | 0.7% | |
| PRIN LIFETIME HY 2065 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 013 | Common Collective Trust | — | — | $663K | 0.6% | |
| PRIN LIFETIME HY INC CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 011 | Common Collective Trust | — | — | $491K | 0.5% | |
| PRIN LIFETIME HYB 2015 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 002 | Common Collective Trust | — | — | $483K | 0.5% | |
| Fidelity Emerging Markets Index Fund Mutual Fund a | — | — | — | $416K | 0.4% | |
| PIMCO International Bond (US Dollar-Hedged) 1 Fund Mutual Fund a | — | — | — | $299K | 0.3% | |
| PRIN LIFETIME HYB 2070 CIT X PRINCIPAL GLOBAL INVESTORS TRUST CO · EIN 26-6447574 / PN 014 | Common Collective Trust | — | — | $135K | 0.1% |
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