401k Record

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Veritiv 401(k)

Administrative expenses excluding investment management, per participant · Veritiv Retirement Savings Plan · plan year 2023

$162.45

Higher than 97% of the 915 plans over $1B that report it.

Source

= $912,498 / 5,617
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240910191504NAL0003730707001, received 2024-09-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240910191504NAL0003730707001, received 2024-09-10

10th: $10.75median $44.2090th: $94.38

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-09-10.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$162.45

10th: $25.30median $68.6090th: $167.89

Higher than 89% of the 947 plans over $1B that report it.

Source

= $912,498 / 5,617
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240910191504NAL0003730707001, received 2024-09-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240910191504NAL0003730707001, received 2024-09-10

Administrative expenses as a share of assets

0.075%

10th: 0.014%median 0.049%90th: 0.112%

Higher than 74% of the 947 plans over $1B that report it.

Source

= $912,498 / $1,216,933,559
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240910191504NAL0003730707001, received 2024-09-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240910191504NAL0003730707001, received 2024-09-10

Employer contributions per participant

$2,907

10th: $1,419median $3,65890th: $8,095

Higher than 37% of the 1,003 plans over $1B that report it.

Source

= $16,329,026 / 5,617
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240910191504NAL0003730707001, received 2024-09-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240910191504NAL0003730707001, received 2024-09-10

Employer share of total contributions

27.3%

10th: 19.7%median 33.3%90th: 47.6%

Higher than 29% of the 1,003 plans over $1B that report it.

Source

= $16,329,026 / $59,918,140
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240910191504NAL0003730707001, received 2024-09-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240910191504NAL0003730707001, received 2024-09-10

Plan terms, as stated in Veritiv Corp's SEC filings

Plan terms are described in Veritiv Corp's SEC filings: Form 10-K filed 2023-02-28. No term could be quoted from them with the required precision.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20240910191504NAL0003730707001, received 2024-09-10

Full record, Veritiv Retirement Savings Plan

FieldValueSource
Plan sponsorVERITIV CORPORATIONForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20240910191504NAL0003730707001, received 2024-09-10
Plan nameVERITIV RETIREMENT SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20240910191504NAL0003730707001, received 2024-09-10
Sponsor EIN / plan number46-3234977 / 002Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20240910191504NAL0003730707001, received 2024-09-10
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20240910191504NAL0003730707001, received 2024-09-10
Sponsor locationATLANTA, GAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20240910191504NAL0003730707001, received 2024-09-10
Industry (business code)424100, Wholesale tradeForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20240910191504NAL0003730707001, received 2024-09-10
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20240910191504NAL0003730707001, received 2024-09-10
Filing received2024-09-10Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20240910191504NAL0003730707001, received 2024-09-10
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20240910191504NAL0003730707001, received 2024-09-10
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20240910191504NAL0003730707001, received 2024-09-10
Participants, beginning of year6,432Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20240910191504NAL0003730707001, received 2024-09-10
Active participants3,644Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20240910191504NAL0003730707001, received 2024-09-10
Participants, end of year5,791Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20240910191504NAL0003730707001, received 2024-09-10
Participants with an account balance5,617Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240910191504NAL0003730707001, received 2024-09-10
Total assets, beginning of year$1,118,501,180Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20240910191504NAL0003730707001, received 2024-09-10
Total assets, end of year$1,216,933,559Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240910191504NAL0003730707001, received 2024-09-10
Net assets, end of year$1,216,933,559Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20240910191504NAL0003730707001, received 2024-09-10
Total income$237,345,551Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20240910191504NAL0003730707001, received 2024-09-10
Net income$98,432,379Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20240910191504NAL0003730707001, received 2024-09-10
Employer contributions$16,329,026Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240910191504NAL0003730707001, received 2024-09-10
Participant contributions$36,617,771Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20240910191504NAL0003730707001, received 2024-09-10
Other contributions (incl. rollovers)$6,971,343Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20240910191504NAL0003730707001, received 2024-09-10
Total contributions$59,918,140Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240910191504NAL0003730707001, received 2024-09-10
Benefit payments$138,000,674Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20240910191504NAL0003730707001, received 2024-09-10
Total expenses (incl. benefit payments)$138,913,172Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20240910191504NAL0003730707001, received 2024-09-10
Total administrative expenses$912,498Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240910191504NAL0003730707001, received 2024-09-10
Administrative expenses excluding investment management$912,498derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240910191504NAL0003730707001, received 2024-09-10
Held in common/collective trusts$615,786,145Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20240910191504NAL0003730707001, received 2024-09-10
Held in mutual funds$546,272,479Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20240910191504NAL0003730707001, received 2024-09-10
Independent auditorBENNETT THRASHER PCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20240910191504NAL0003730707001, received 2024-09-10

Position = column in the DOL layout for form year 2023. Filing 20240910191504NAL0003730707001, received 2024-09-10.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
THE VANGUARD GROUP, INC.recordkeeperNONE 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees $276,990
AONNONE 16 Consulting (general) $56,175
BENNETT THRASHERNONE 10 Accounting (including auditing) $28,615
VANGUARD ADVISERS INC.NONE 26 Investment advisory (participants) $28,284
SEYFARTH SHAWNONE 29 Legal $5,881

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20240910191504NAL0003730707001, received 2024-09-10.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

Alerts, claims and corrections

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Sponsor name as filed: VERITIV CORPORATION; SEC registrant: Veritiv Corp (CIK 1599489, matched by EIN).