Back to filter
Original filing (PDF)20250916132102NAL0003074880001
VERANEX, INC.
Form 5500
FILING_RECEIVED
VERANEX 401K PLAN
401(k) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
339
Accounts w/ balance
598
Plan assets (EOY)
$51.5M
Net assets (EOY)
$51.5M
How this plan invests
This plan
1 pooled trust
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
- 25 bps in Schedule C fees — 57% above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for VERANEX, INC..
Plan sponsor
Name
VERANEX, INC.
EIN
86-3497638
Address
222 BERKELEY ST · 18TH FLR · BOSTON, MA · 02116
Phone
(919) 297-8881
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
2025-09-16
Pension benefit codes
2A · Age/service weighted or new comparability
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)
Audit & trust (Schedule H)
Auditor
KAHN, LITWIN, RENZA & CO., LTD
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MMA SECURITIES LLC | 22-3570392 | — | RETAINED BY EMPLOYER | $71K | — |
| JOHN HANCOCK | 01-0233346 | — | RETAINED BY EMPLOYER | $58K | — |
Investments
27 direct securities · 1 pooled fund· $51.5M(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.
Uncategorized
$51.0M
27 holdings
Common Collective Trust
$455K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Management Trust Company Freedom Index 2045 - Inst Prem | — | — | — | $6.9M | 13.4% | |
| Fidelity Management Trust Company 500 Index Fund | — | — | — | $6.6M | 12.8% | |
| Fidelity Management Trust Company Freedom Index 2050 - Inst Prem | — | — | — | $6.4M | 12.5% | |
| Fidelity Management Trust Company Freedom Index 2040 - Inst Prem | — | — | — | $6.4M | 12.3% | |
| Fidelity Management Trust Company Freedom Index 2035 - Inst Prem | — | — | — | $3.9M | 7.6% | |
| Fidelity Management Trust Company Freedom Index 2055 - Inst Prem | — | — | — | $3.8M | 7.4% | |
| Fidelity Management Trust Company Freedom Index 2025 - Inst Prem | — | — | — | $3.5M | 6.8% | |
| Fidelity Management Trust Company Freedom Index 2030 - Inst Prem | — | — | — | $3.1M | 6.0% | |
| Fidelity Management Trust Company Freedom Index 2060 - Inst Prem | — | — | — | $2.5M | 4.8% | |
| Fidelity Management Trust Company Blue Chip Growth Fund | — | — | — | $1.2M | 2.4% | |
| Fidelity Management Trust Company Freedom Index 2065 - Inst Prem | — | — | — | $855K | 1.7% | |
| Fidelity Management Trust Company Mid Cap Index Fund | — | — | — | $669K | 1.3% | |
| Columbia Dividend Income Inst | — | — | — | $633K | 1.2% | |
| Fidelity Management Trust Company Freedom Index Income Fund - Inst Prem | — | — | — | $613K | 1.2% | |
| Fidelity Management Trust Company U.S. Bond Index Fund | — | — | — | $511K | 1.0% | |
| John Hancock Trust Company Bond Fund Class R6 | — | — | — | $500K | 1.0% | |
| MFS Intl Diversification Fund R3 | — | — | — | $456K | 0.9% | |
| JOHN HANCOCK STABLE VALUE R11 GLOBAL TRUST COMPANY-JOHN HANCOCK · EIN 80-6136981 / PN 001 | Common Collective Trust | — | — | $455K | 0.9% | |
| Fidelity Management Trust Company International Index Fund | — | — | — | $398K | 0.8% | |
| American Century Small Cap Value R6 | — | — | — | $394K | 0.8% | |
| BlackRock High Yield Institutional Fund | — | — | — | $320K | 0.6% | |
| various dates through August 2029, collateralized by participant account balances | — | — | — | $306K | 0.6% | |
| Loomis Sayles Small Cap Growth Inst | — | — | — | $291K | 0.6% | |
| Fidelity Management Trust Company Small Cap Index Fund | — | — | — | $282K | 0.5% | |
| John Hancock Trust Company Disciplined Value Mid Cap Fund | — | — | — | $199K | 0.4% | |
| BlackRock Emerging Markets Inst | — | — | — | $175K | 0.3% | |
| MFS Mid Cap Growth Fund R3 | — | — | — | $146K | 0.3% | |
| JP Morgan U.S. Govt Money Market Fund Capital Shares | — | — | — | $45K | <0.1% |