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

Veritiv Corporation 401(k) Plan Facts

Plan name
VERITIV RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VERITIV CORPORATION
Participants
6,432 (3,644 active employees)
Former employees with a balance
1,956
Plan assets
$1,216,933,559 at Dec 31, 2023
Average account balance
$216,652 across 5,617 accounts
Employer contributions
$16,329,026 in plan year 2023 (27% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2023 – Dec 31, 2023
Plan established
Nov 2, 2002
✓ 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 2023 (Jan 1, 2023 – Dec 31, 2023), filed Sep 10, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $59.9 million went into the plan in contributions, $16.3 million of it from the employer (27%).
  • $138.0 million was paid out to participants.
  • Investment and other income added $177.4 million.
  • Administrative expenses were $912,498, about $162 per account.

How the Veritiv Corporation 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20187,411$1.14 billion$19.4 million$131.5 million
20198,531$1.29 billion$18.4 million$139.7 million
20208,772$1.29 billion$7.29 million$195.7 million
20216,708$1.38 billion$15.4 million$138.0 million
20226,411$1.12 billion$16.4 million$110.6 million
20236,432$1.22 billion$16.3 million$138.0 million

Veritiv Corporation 401(k) Contact Information

Phone
770-391-8200
Mailing address
1000 ABERNATHY RD. NE BUILDING 400, ATLANTA GA 30328
Plan sponsor
VERITIV CORPORATION
Plan administrator
VERITIV BENEFIT COMMITTEE
Employer identification number (EIN)
46-3234977
Plan number
002

Questions about the Veritiv Corporation 401(k)

Does Veritiv Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $16.3 million, 27% of all contributions.

Does the Veritiv Corporation 401(k) have automatic enrollment?

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

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

6,432 participants at the start of plan year 2023, 3,644 of them active employees, and 1,956 former employees who still had money in the plan.

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

About $216,652 per account: $1.22 billion in plan assets across 5,617 accounts with a balance at the end of plan year 2023.

Who manages the Veritiv Corporation 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Veritiv Corporation. How do I access my 401(k)?

Your account stays with Vanguard 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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