Overview

Plan Rating

BrightScope Rating
60
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (21)
Average in Peer Group (59)
Highest in Peer Group (91)

Plan Description

Veredus 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 60. This plan is in the top 15% of plans for Salary Deferral. Veredus 401k Retirement Plan currently has over 1,200 active participants and over $11.3M in plan assets.

Did you know?

For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (60) and the top rated plan (91) could equate to:
17
Additional years of work
217,252
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 4350 W. Cypress Street Suite 1000
  • Location
    Tampa , FL
  • 33607
  • Industry
    Administrative and Support and Waste Management and Remediation Services
  • Administrator
    Becca Garger
  • Net Plan Assets
    $11,300,000
  • Total Participants
    1,300
  • Avg Account Balance
    $25,000

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Great
Account Balance:
Below Avg.

Design

Total Plan Cost:
High Fees
Company Generosity:
Poor

Performance

Participation Rate:
Poor
Salary Deferrals:
Great
Account Balance:
Poor

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

44

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Fidelity Advisor Freedom 53%
38%
Fidelity 500 Index 8%
9%
Fidelity Advisor Technology 4%
9%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
Sipco Pvg
Recordkeeper
Fidelity
Auditor
Warren Averett Asset Management, LLC

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
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