2023 Form 5500 filing — Velodyne 401(K) Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240815171316NAL0007399699001) for Velodyne 401(K) Retirement Savings Plan, reported by Velodyne Lidar Usa, Inc. under EIN 81-0960175 and plan number 001. It reports 509 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240815171316NAL0007399699001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Velodyne Lidar Usa, Inc.
- EIN
- 81-0960175
- Plan number
- 001
- Location
- San Jose, CA
- Participants
- 509
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $0
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $0
- Employer contributions
- $160,455
- Participant contributions
- $680,697
- Total income / additions
- $3,237,937
- Benefits paid
- $27,775,080
- Administrative expenses
- $132,600
- Total expenses
- $27,907,680
- Net increase / (decrease)
- -$24,669,743
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $83,752 | $0 |
| Ameriprise Financial Services LLC | BROKER/ADVISER | $0 | $25,691 |
| Yulishana Inc | AUDITOR | $25,000 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $23,851 | not reported in the loaded dataset |