2023 Form 5500 filing — Velocity Credit Union Pension 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 20241008173831NAL0009943875001) for Velocity Credit Union Pension Plan, reported by Velocity Credit Union under EIN 74-1200165 and plan number 012. It reports 182 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$47.3MReported net assets$47,320,391
Participants182
Provider compensation$124K1 Schedule C row(s)$123,986
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241008173831NAL0009943875001
Plan sponsor
Velocity Credit Union
EIN
74-1200165
Plan number
012
Location
Austin, TX
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$47.3M total assets
Net assets$47.3MLiabilities$0
Money in vs. money out
Total income / additions$6.7M
Total expenses$871.1K
Benefits paid / distributions$817.8K
Full reported line items
Total assets (EOY)
$47,320,391
Total liabilities (EOY)
$0
Net assets (EOY)
$47,320,391
Total income / additions
$6,741,257
Benefits paid
$817,789
Administrative expenses
$53,321
Total expenses
$871,110
Net increase / (decrease)
$5,870,147
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    NONE · Direct $124K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241008173831NAL0009943875001 cover?
It is the 2023 Form 5500 filing for Velocity Credit Union Pension Plan, reported by Velocity Credit Union (EIN 74-1200165).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages