Verge Mobile 401(k) match, vesting and fees
What Verge Mobile'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 | Voya Retirement Ins and Annuity Co. | Schedule C ↗ |
| Independent auditor | Jason Underwood Cpa, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 235 defined-contribution plans in information with 1,000 to 4,999 participants.
| Verge Mobile: employer contribution per participant | $126 | |
| Peer median | $2,212 |
| Verge Mobile: average balance | $1,154 | |
| Peer median | $99,173 |
| Verge Mobile: admin expenses ÷ assets | 1.39% | |
| Peer median | 0.09% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $416K at the end of plan year 2021 to $2.8M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,628 | $2.8M | $311K | $126 | 1.39% | Not published | Form 5500 ↗ |
| 2023 | 2,086 | $2M | $380K | $193 | 1.87% | Not published | Form 5500 ↗ |
| 2022 | 1,593 | $806K | $186K | $131 | 0.59% | Not published | Form 5500 ↗ |
| 2021 | 1,256 | $416K | $52K | $717 | 0.56% | Not published | Form 5500 ↗ |
Common questions
Does Verge Mobile match 401(k) contributions?
The match terms for the Verge Mobile 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $311K in employer contributions, about $126 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Verge Mobile 401(k) match vested?
The vesting schedule for the Verge Mobile 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Verge Mobile 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Ins and Annuity Co.. The plan administrator is Verge Mobile LLC.
I left Verge Mobile. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Verge Mobile LLC, (281) 796-9393) or the recordkeeper, Voya Retirement Ins and Annuity Co.. The Verge Mobile old 401(k) page lists the contacts from every plan filing. Find an old Verge Mobile 401(k)
Data from the public Form 5500 annual reports Verge Mobile filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 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 Verge Mobile. Not financial advice. Report a correction · Methodology