Verita Telecommunications Corporation 401(k) Plan: Login, Facts & Contact Information

Verita Telecommunications Corporation 401(k) Plan Facts

Plan name
VTC 401(K) PLAN
Plan type
401(k) and profit sharing
Plan sponsor
VERITA TELECOMMUNICATIONS CORPORATION
Participants
547 (423 active employees)
Former employees with a balance
30
Plan assets
$8,373,385 at Dec 31, 2024
Average account balance
$41,452 across 202 accounts
Employer contributions
$504,252 in plan year 2024 (30% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2016
— 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 13, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.66 million went into the plan in contributions, $504,252 of it from the employer (30%).
  • $1.55 million was paid out to participants.
  • Investment and other income added $676,209.
  • Administrative expenses were $71,553, about $354 per account.

How the Verita Telecommunications Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019190$2.02 million$155,167$61,422
2020212$2.75 million$162,357$149,053
2021245$3.75 million$179,686$87,666
2022306$4.22 million$307,121$322,221
2023479$7.66 million$517,479$456,928
2024547$8.37 million$504,252$1.55 million

Verita Telecommunications Corporation 401(k) Contact Information

Phone
734-725-1091
Mailing address
47059 FIVE MILE, PLYMOUTH MI 481703765
Plan sponsor
VERITA TELECOMMUNICATIONS CORPORATION
Employer identification number (EIN)
46-4239538
Plan number
001

Questions about the Verita Telecommunications Corporation 401(k)

Does Verita Telecommunications Corporation contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $504,252 in employer contributions for plan year 2024.

Does the Verita Telecommunications Corporation 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Verita Telecommunications Corporation 401(k) plan?

547 participants at the start of plan year 2024, 423 of them active employees, and 30 former employees who still had money in the plan.

What is the average 401(k) balance at Verita Telecommunications Corporation?

About $41,452 per account: $8.37 million in plan assets across 202 accounts with a balance at the end of plan year 2024.

Who manages the Verita Telecommunications Corporation 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 Verita Telecommunications Corporation. 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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