How big is VEEV Operations, LLC's plan?

VEEV Operations, LLC's plan reported $3.0M in assets and 241 participants for 2022.

Original filing (PDF)20231012110558NAL0021147267001

VEEV Operations, LLC

Name: VEEV Operations, LLC — VEEV 401(k) Retirement Plan, Form 5500 (2022)
Creator: VEEV Operations, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

VEEV 401(k) Retirement Plan

401(k) retirement plan · VEEV Operations, LLC's VEEV 401(k) Retirement Plan held $3.0M in plan assets for 241 participants in 2022, with Empower as recordkeeper.

Signals · 2

Late participant contributionsPossibly inadequate fidelity bond

Active participants

241

Accounts w/ balance

303

Plan assets (EOY)

$3.0M

Net assets (EOY)

$3.0M

People on this filing

Krystal FERI signed VEEV Operations, LLC's 2022 Form 5500 as plan administrator.

Krystal FERI — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

VEEV Operations, LLC's EIN is 35-2605842.

EIN 35-2605842

Plan number 001

Plan year 2022

ACK ID 20231012110558NAL0021147267001

Official Form 5500 document

Download the official 2022 Form 5500 (PDF) for VEEV Operations, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2022 Form 5500 (PDF)

Plan features

VEEV Operations, LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, automatic enrollment, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for VEEV OPERATIONS, LLC.

Finding similar companies…

How this plan invests

This plan

32 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 491K (28% of contributions).
Fidelity bond appears below the 10%-of-assets requirement.
Bottom-decile employer contributions per participant (5th percentile).

Plan sponsor

Name

VEEV OPERATIONS, LLC

EIN

all filings

Address

2701 W WINTON AVENUE · HAYWARD, CA · 94545

Phone

(650) 292-0752

Industry

Construction

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2022

Plan year begin

2022-01-01

Tax period

2022-12-31

Filed

2023-10-12

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)

Audit & trust (Schedule H)

Service providers (Schedule C)

3 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWER ANNUITY INSURANCE COMPANY O	—	GREENWOOD VILLAGE, CO	RECORDKEEPER	$2K	—
EMPOWER ADVISORY GROUP, LLC	—	GREENWOOD VILLAGE, CO	INVESTMENT MGMT	$2K	—

Advisor / Consultant

Name	EIN	Location	Relation	Direct comp	Indirect comp
FINANCIAL ADVOCATES INVESTMENT MANA

Investments

32 direct securities· $2.9M(96% of reported assets)

Mutual Funds

$2.1M

15 holdings

Common Collective Trusts

$450K

9 holdings

Other securities

$350K

8 holdings

					% of plan
Fidelity Advisor Freedom 2050 Fund Mutual Fund	Mutual Funds	—	—	$397K	13.2%
Fidelity Advisor Freedom 2055 Fund Mutual Fund	Mutual Funds	—	—	$347K	11.5%
Fidelity Advisor Freedom 2045 Fund Mutual Fund	Mutual Funds	—	—	$311K	10.3%
Fidelity Advisor Freedom 2040 Fund Mutual Fund	Mutual Funds	—	—	$298K	9.9%
Fidelity Advisor Freedom 2035 Fund Mutual Fund	Mutual Funds	—	—	$289K	9.6%
Fidelity Advisor Freedom 2060 Fund Mutual Fund	Mutual Funds	—	—	$184K	6.1%
Fidelity 500 Index Fund Mutual Fund	Common Collective Trusts	—	—	$160K	5.3%
Allspring Core Plus Bond Fund Mutual Fund	Other securities	—	—	$149K	4.9%
American Funds American Balanced Fund Mutual Fund	Mutual Funds	—	—	$81K	2.7%
Fidelity Mid Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$65K	2.2%
Fidelity Large Cap Growth Index Fund Mutual Fund	Common Collective Trusts	—	—	$54K	1.8%
PIMCO Real Return Fund Mutual Fund	Mutual Funds	—	—	$53K	1.8%
American Funds American Mutual Fund Mutual Fund	Mutual Funds	—	—	$49K	1.6%
Fidelity Small Cap Value Index Fund Mutual Fund	Common Collective Trusts	—	—	$43K	1.4%
American Century Mid Cap Value Fund Mutual Fund	Other securities	—	—	$42K	1.4%
iShares MSCI EAFE International Index Fund Mutual Fund	Common Collective Trusts	—	—	$41K	1.4%
BlackRock Mid-Cap Growth Equity Fund Mutual Fund	Other securities	—	—	$41K	1.4%
T. Rowe Price All-Cap Opportunities Fund Mutual Fund	Other securities	—	—	$40K	1.3%
Fidelity Advisor Freedom 2065 Fund Mutual Fund	Mutual Funds	—	—	$39K	1.3%
iShares MSCI Total International Index Fund Mutual Fund 710 * JPMorgan US Equity Fund Mutual Fund	Common Collective Trusts	—	—	$38K	1.2%
BlackRock Technology Opportunities Fund Mutual Fund	Other securities	—	—	$33K	1.1%
Fidelity Small Cap Index Fund Mutual Fund	Common Collective Trusts	—	—	$24K	0.8%
American Funds EuroPacific Growth Fund Mutual Fund	Mutual Funds	—	—	$20K	0.7%
MFS International Diversification Fund Mutual Fund	Mutual Funds	—	—	$20K	0.7%
Empower Investments Fixed Account Fixed Account	Other securities	—	—	$19K	0.6%
PGIM US Real Estate Fund Mutual Fund	Other securities	—	—	$19K	0.6%
Fidelity International Enhanced Index Fund Mutual Fund	Common Collective Trusts	—	—	$15K	0.5%
Putnam Small Cap Growth Fund Mutual Fund	Mutual Funds	—	—	$13K	0.4%
Fidelity Large Cap Value Index Fund Mutual Fund	Common Collective Trusts	—	—	$9K	0.3%
Putnam Emerging Markets Equity Fund Mutual Fund	Mutual Funds	—	—	$9K	0.3%
Western Asset Core Bond Fund Mutual Fund	Other securities	—	—	$7K	0.2%
Fidelity Advisor Freedom 2030 Fund Mutual Fund	Mutual Funds	—	—	$1K	<0.1%