Civic Intelligence

Verellen Inc.

Plan context: Verellen Inc. 401(K) Profit Sharing Plan

EIN 20-0640228 • High Point, NC • 16 filings • 1 plans

5297 Prospect StHigh Point, NC 27263
Current Snapshot

Latest Year

2024

2024 Participants

56

2024 Assets

$2,372,222

2024 Contributions

$289,213

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$2,372,222$1,186,111$0200920172024YearValue
$2,372,222Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

79400200920172024YearValue
56Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024156$2,372,222$289,213$5,165iApproximate average salary by contribution assumption: employee only about $129,113 at 4% or $86,075 at 6%; with 50% employer match about $86,075 at 4% or $57,384 at 6%; with 100% employer match about $64,556 at 4% or $43,038 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-56$2,372,222$289,213$5,165iApproximate average salary by contribution assumption: employee only about $129,113 at 4% or $86,075 at 6%; with 50% employer match about $86,075 at 4% or $57,384 at 6%; with 100% employer match about $64,556 at 4% or $43,038 at 6%.
2023159$2,035,007$333,050$5,645iApproximate average salary by contribution assumption: employee only about $141,123 at 4% or $94,082 at 6%; with 50% employer match about $94,082 at 4% or $62,721 at 6%; with 100% employer match about $70,561 at 4% or $47,041 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-59$2,035,007$333,050$5,645iApproximate average salary by contribution assumption: employee only about $141,123 at 4% or $94,082 at 6%; with 50% employer match about $94,082 at 4% or $62,721 at 6%; with 100% employer match about $70,561 at 4% or $47,041 at 6%.
2022154$1,521,375$214,436$3,971iApproximate average salary by contribution assumption: employee only about $99,276 at 4% or $66,184 at 6%; with 50% employer match about $66,184 at 4% or $44,123 at 6%; with 100% employer match about $49,638 at 4% or $33,092 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-54$1,521,375$214,436$3,971iApproximate average salary by contribution assumption: employee only about $99,276 at 4% or $66,184 at 6%; with 50% employer match about $66,184 at 4% or $44,123 at 6%; with 100% employer match about $49,638 at 4% or $33,092 at 6%.
2021149$1,648,633$165,207$3,372iApproximate average salary by contribution assumption: employee only about $84,289 at 4% or $56,193 at 6%; with 50% employer match about $56,193 at 4% or $37,462 at 6%; with 100% employer match about $42,145 at 4% or $28,096 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-49$1,648,633$165,207$3,372iApproximate average salary by contribution assumption: employee only about $84,289 at 4% or $56,193 at 6%; with 50% employer match about $56,193 at 4% or $37,462 at 6%; with 100% employer match about $42,145 at 4% or $28,096 at 6%.
2020173$1,417,192$157,690$2,160iApproximate average salary by contribution assumption: employee only about $54,003 at 4% or $36,002 at 6%; with 50% employer match about $36,002 at 4% or $24,002 at 6%; with 100% employer match about $27,002 at 4% or $18,001 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-73$1,417,192$157,690$2,160iApproximate average salary by contribution assumption: employee only about $54,003 at 4% or $36,002 at 6%; with 50% employer match about $36,002 at 4% or $24,002 at 6%; with 100% employer match about $27,002 at 4% or $18,001 at 6%.
2019171$1,302,873$158,918$2,238iApproximate average salary by contribution assumption: employee only about $55,957 at 4% or $37,305 at 6%; with 50% employer match about $37,305 at 4% or $24,870 at 6%; with 100% employer match about $27,979 at 4% or $18,652 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-71$1,302,873$158,918$2,238iApproximate average salary by contribution assumption: employee only about $55,957 at 4% or $37,305 at 6%; with 50% employer match about $37,305 at 4% or $24,870 at 6%; with 100% employer match about $27,979 at 4% or $18,652 at 6%.
2018179$1,043,480$128,825$1,631iApproximate average salary by contribution assumption: employee only about $40,767 at 4% or $27,178 at 6%; with 50% employer match about $27,178 at 4% or $18,119 at 6%; with 100% employer match about $20,384 at 4% or $13,589 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-79$1,043,480$128,825$1,631iApproximate average salary by contribution assumption: employee only about $40,767 at 4% or $27,178 at 6%; with 50% employer match about $27,178 at 4% or $18,119 at 6%; with 100% employer match about $20,384 at 4% or $13,589 at 6%.
2017135$1,095,326$150,882$4,311iApproximate average salary by contribution assumption: employee only about $107,773 at 4% or $71,849 at 6%; with 50% employer match about $71,849 at 4% or $47,899 at 6%; with 100% employer match about $53,886 at 4% or $35,924 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-35$1,095,326$150,882$4,311iApproximate average salary by contribution assumption: employee only about $107,773 at 4% or $71,849 at 6%; with 50% employer match about $71,849 at 4% or $47,899 at 6%; with 100% employer match about $53,886 at 4% or $35,924 at 6%.
2016133$867,608$135,334$4,101iApproximate average salary by contribution assumption: employee only about $102,526 at 4% or $68,351 at 6%; with 50% employer match about $68,351 at 4% or $45,567 at 6%; with 100% employer match about $51,263 at 4% or $34,175 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-33$867,608$135,334$4,101iApproximate average salary by contribution assumption: employee only about $102,526 at 4% or $68,351 at 6%; with 50% employer match about $68,351 at 4% or $45,567 at 6%; with 100% employer match about $51,263 at 4% or $34,175 at 6%.
2015123$734,328$221,600$9,635iApproximate average salary by contribution assumption: employee only about $240,870 at 4% or $160,580 at 6%; with 50% employer match about $160,580 at 4% or $107,053 at 6%; with 100% employer match about $120,435 at 4% or $80,290 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-23$734,328$221,600$9,635iApproximate average salary by contribution assumption: employee only about $240,870 at 4% or $160,580 at 6%; with 50% employer match about $160,580 at 4% or $107,053 at 6%; with 100% employer match about $120,435 at 4% or $80,290 at 6%.
2014122$638,309$131,099$5,959iApproximate average salary by contribution assumption: employee only about $148,976 at 4% or $99,317 at 6%; with 50% employer match about $99,317 at 4% or $66,212 at 6%; with 100% employer match about $74,488 at 4% or $49,659 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-22$638,309$131,099$5,959iApproximate average salary by contribution assumption: employee only about $148,976 at 4% or $99,317 at 6%; with 50% employer match about $99,317 at 4% or $66,212 at 6%; with 100% employer match about $74,488 at 4% or $49,659 at 6%.
2013119$545,061$150,463$7,919iApproximate average salary by contribution assumption: employee only about $197,978 at 4% or $131,985 at 6%; with 50% employer match about $131,985 at 4% or $87,990 at 6%; with 100% employer match about $98,989 at 4% or $65,993 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-19$545,061$150,463$7,919iApproximate average salary by contribution assumption: employee only about $197,978 at 4% or $131,985 at 6%; with 50% employer match about $131,985 at 4% or $87,990 at 6%; with 100% employer match about $98,989 at 4% or $65,993 at 6%.
2012118$339,643$86,248$4,792iApproximate average salary by contribution assumption: employee only about $119,789 at 4% or $79,859 at 6%; with 50% employer match about $79,859 at 4% or $53,240 at 6%; with 100% employer match about $59,894 at 4% or $39,930 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-18$339,643$86,248$4,792iApproximate average salary by contribution assumption: employee only about $119,789 at 4% or $79,859 at 6%; with 50% employer match about $79,859 at 4% or $53,240 at 6%; with 100% employer match about $59,894 at 4% or $39,930 at 6%.
2011117$267,186$77,725$4,572iApproximate average salary by contribution assumption: employee only about $114,301 at 4% or $76,201 at 6%; with 50% employer match about $76,201 at 4% or $50,801 at 6%; with 100% employer match about $57,151 at 4% or $38,100 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-17$267,186$77,725$4,572iApproximate average salary by contribution assumption: employee only about $114,301 at 4% or $76,201 at 6%; with 50% employer match about $76,201 at 4% or $50,801 at 6%; with 100% employer match about $57,151 at 4% or $38,100 at 6%.
2010111$196,035$70,991$6,454iApproximate average salary by contribution assumption: employee only about $161,343 at 4% or $107,562 at 6%; with 50% employer match about $107,562 at 4% or $71,708 at 6%; with 100% employer match about $80,672 at 4% or $53,781 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-11$196,035$70,991$6,454iApproximate average salary by contribution assumption: employee only about $161,343 at 4% or $107,562 at 6%; with 50% employer match about $107,562 at 4% or $71,708 at 6%; with 100% employer match about $80,672 at 4% or $53,781 at 6%.
2009112$115,020$69,823$5,819iApproximate average salary by contribution assumption: employee only about $145,465 at 4% or $96,976 at 6%; with 50% employer match about $96,976 at 4% or $64,651 at 6%; with 100% employer match about $72,732 at 4% or $48,488 at 6%.
Verellen Inc. 401(K) Profit Sharing Plan-12$115,020$69,823$5,819iApproximate average salary by contribution assumption: employee only about $145,465 at 4% or $96,976 at 6%; with 50% employer match about $96,976 at 4% or $64,651 at 6%; with 100% employer match about $72,732 at 4% or $48,488 at 6%.