Velocityehs 401k Plan — Form 5500 plan (Velocityehs)
Plain-English plan 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, Velocityehs 401k Plan is a benefit plan reported by Velocityehs under EIN 04-3626476 and plan number 001. The latest loaded filing year is 2023. The filing reports 479 participants and $33,748,258 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Velocityehs
- EIN
- 04-3626476
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 479
- End-of-year plan assets
- $33,748,258
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 479 | H, C | 20240731120821NAL0036466752001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,748,258
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $33,748,258
- Net assets (BOY)
- $25,156,376
Income & contributions
- Employer contributions
- $899,433
- Participant contributions
- $3,491,703
- Total contributions
- $4,583,176
- Total income / additions
- $10,302,909
Expenses & distributions
- Benefits paid
- $1,581,003
- Administrative expenses
- $129,276
- Total expenses
- $1,711,027
- Net increase / (decrease)
- $8,591,882
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Faircourt Partners LLC | ADVISOR | $79,270 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $50,006 | not reported in the loaded dataset | 2023 |