Department of Labor filing

VERLAND

VERLAND AND AFFILIATES 403(B) RETIREMENT PLAN · For the plan year ended Jun 30, 2025

Public filing 2024 · received Apr 14, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

78filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,918

Reported employer contributions per active participant.

Higher than about 96% of comparable plans

#People in the filing

562

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$82 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 37% of comparable plans

↗Investment performance

Not available

Plan assets changed 12.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202478out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions96th percentileTypical peer $404 · based on 237 comparable plans

Lower reported administrative expense37th percentileTypical peer $61 · based on 259 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Jun 30, 2025, VERLAND reported $1,077,725 in employer contributions across the plan and 562 active participants. That works out to $1,918 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy66%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 29.7%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 258.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context78/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,077,725
Participant contributions: $1,622,649
Other contributions: $43,249
Employer share of reported contributions: 39.9%
Beginning assets: $18,004,502
Ending assets: $20,230,103
Ending net assets: $20,230,103
Ending liabilities: $0
Total income: $5,033,117
Total expenses: $2,807,516
Administrative expenses: $87,503
Participant loans: $593,374

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,479

2023

$1,242

2024

$1,918

Plan-paid administrative expenses per participant

2022

$23

2023

$29

2024

$82

Active participants

2022

695

2023

657

2024

562

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,918	562	20.2M	20260414144856NAL0011139235001
2023	$1,242	657	18M	20250415152224NAL0003451553001
2022	$1,479	695	16.4M	20240415144104NAL0001546867001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.9%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 251440761-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 1978
Industry: Health care and social assistance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2A2E2F2G2J2K2L2M2T3D

Current plan terms

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Filing ACK_ID20260414144856NAL0011139235001

Data sourceDOL Form 5500 bulk data ↗

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