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Original filing (PDF)20251015152237NAL0002662035001
VERIFIED CREDENTIALS, LLC
Form 5500
FILING_RECEIVED
VERIFIED CREDENTIALS, LLC 401(K) SAFE HARBOR PLAN
401(k) retirement plan
Active participants
227
Accounts w/ balance
207
Plan assets (EOY)
$20.0M
Net assets (EOY)
$20.0M
How this plan invests
This plan
24 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 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
100
Participation health
100
Knocking points off
- 47 bps in Schedule C fees — 62% above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for VERIFIED CREDENTIALS, LLC.
Plan sponsor
Name
VERIFIED CREDENTIALS, LLC
EIN
41-1505620
Address
20890 KENBRIDGE COURT · SUITE A · LAKEVILLE, MN · 550448041
Phone
(952) 985-7200
Industry
Admin Support & Waste Mgmtsee 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
2R · Participant-directed brokerage (SDBA)
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
DS&B. LTD
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| NEWPORT GROUP, INC. | 27-2037969 | — | RECORDKEEPER | $23K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| WACKER & ASSOCIATES, INC. | — | JACKSON, MN | ADVISOR | $72K | — |
Investments
24 direct securities· $20.0M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard 500 Index Admiral Mutual Fund | — | — | — | $2.7M | 13.6% | |
| Vanguard LifeStrategy Growth Inv Mutual Fund | — | — | — | $2.6M | 12.8% | |
| Vanguard Growth Index Admiral Mutual Fund | — | — | — | $2.1M | 10.5% | |
| American Funds Fundamental Invs R5 Mutual Fund | — | — | — | $1.9M | 9.3% | |
| Vanguard LifeStrategy Moderate Gr Inv Mutual Fund | — | — | — | $1.7M | 8.7% | |
| Various Self Directed Brokerage Account | — | — | — | $1.6M | 7.8% | |
| BlackRock Global Allocation Inv A Mutual Fund | — | — | — | $1.1M | 5.7% | |
| Vanguard Selected Value Inv Mutual Fund | — | — | — | $869K | 4.3% | |
| Wasatch Micro Cap Mutual Fund | — | — | — | $798K | 4.0% | |
| Fidelity Intl Growth Fund Mutual Fund | — | — | — | $778K | 3.9% | |
| Franklin Mutual Global Discovery Z Mutual Fund | — | — | — | $724K | 3.6% | |
| Fidelity Natural Resources Fund Mutual Fund | — | — | — | $508K | 2.5% | |
| Allspring Precious Metals Fund A Mutual Fund | — | — | — | $496K | 2.5% | |
| PIMCO Total Return A Mutual Fund | — | — | — | $453K | 2.3% | |
| Vanguard LifeStrategy Cnsrv Gr Inv Mutual Fund | — | — | — | $337K | 1.7% | |
| Fidelity Advisor Strategic Income Fund Mutual Fund | — | — | — | $246K | 1.2% | |
| Notes Receivable from Participants Participant Loans*** | — | — | — | $230K | 1.1% | |
| TD Bank Instl MMDA FTCIMA Mutual Fund | — | — | — | $225K | 1.1% | |
| Calamos Market Neutral Income A Mutual Fund | — | — | — | $158K | 0.8% | |
| Acadian Emerging Mkts Port Mutual Fund | — | — | — | $157K | 0.8% | |
| Vanguard Inflation-Protected Secs Inv Mutual Fund | — | — | — | $108K | 0.5% | |
| Vanguard LifeStrategy Income Inv Mutual Fund | — | — | — | $104K | 0.5% | |
| Fidelity China Region Mutual Fund | — | — | — | $64K | 0.3% | |
| party collateral, par, or maturity value * TD Bank USA MMDA (ftcmm2) Non Interest Bearing Cash ** $ | — | — | — | $13K | <0.1% |
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