Verisma Systems, Inc. 401(k) Plan: Login, Facts & Contact Information

Verisma Systems, Inc. 401(k) Plan Facts

Plan name
VERISMA SYSTEMS, INC. 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
VERISMA SYSTEMS, INC.
Participants
1,456 (1,437 active employees)
Former employees with a balance
61
Plan assets
$9,356,314 at Dec 31, 2024
Average account balance
$7,765 across 1,205 accounts
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2006
— Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.83 million went into the plan in contributions.
  • $1.27 million was paid out to participants.
  • Investment and other income added $1.24 million.
  • Administrative expenses were $141,560, about $117 per account.

How the Verisma Systems, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019247$1.57 million$0$63,565
2020288$2.46 million$0$151,111
2021279$3.66 million—$280,632
2022431$3.70 million—$319,502
20231,231$6.70 million—$710,918
20241,456$9.36 million—$1.27 million

Verisma Systems, Inc. 401(k) Contact Information

Phone
703-682-4396
Mailing address
1750 FOUNDERS PARKWAY SUITE 130, ALPHARETTA GA 300097600
Plan sponsor
VERISMA SYSTEMS, INC.
Employer identification number (EIN)
03-0438772
Plan number
001

Questions about the Verisma Systems, Inc. 401(k)

Does Verisma Systems, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500.

Does the Verisma Systems, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Verisma Systems, Inc 401(k) plan?

1,456 participants at the start of plan year 2024, 1,437 of them active employees, and 61 former employees who still had money in the plan.

What is the average 401(k) balance at Verisma Systems, Inc?

About $7,765 per account: $9.36 million in plan assets across 1,205 accounts with a balance at the end of plan year 2024.

Who manages the Verisma Systems, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Verisma Systems, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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