Vera Automotive 401(k) match, vesting and fees
What Vera Automotive's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Empower Annuity Ins Co of America | Schedule C ↗ |
| Independent auditor | Bdo USA, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,141 defined-contribution plans in retail trade with 100 to 499 participants.
| Vera Automotive: employer contribution per participant | $1,784 | |
| Peer median | $1,216 |
| Vera Automotive: average balance | $69,211 | |
| Peer median | $50,590 |
| Vera Automotive: admin expenses ÷ assets | 0.94% | |
| Peer median | 0.43% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets were $11.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 165 | $11.2M | $289K | $1,784 | 0.94% | Not published | Form 5500 ↗ |
Common questions
Does Vera Automotive match 401(k) contributions?
The match terms for the Vera Automotive, Inc. Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $289K in employer contributions, about $1,784 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Vera Automotive 401(k) match vested?
The vesting schedule for the Vera Automotive, Inc. Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Vera Automotive 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Ins Co of America. The plan administrator is Vera Automotive, Inc..
I left Vera Automotive. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Vera Automotive, Inc., (954) 436-3036) or the recordkeeper, Empower Annuity Ins Co of America. The Vera Automotive old 401(k) page lists the contacts from every plan filing. Find an old Vera Automotive 401(k)
Data from the public Form 5500 annual reports Vera Automotive filed with the U.S. Department of Labor (plan years 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Vera Automotive. Not financial advice. Report a correction · Methodology